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IG Group Advances Share Buy-Back Program
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IG Group Advances Share Buy-Back Program

IG Group Holdings (GB:IGG) has released an update.

IG Group Holdings plc has announced the buy-back and cancellation of 39,361 of its ordinary shares, with purchases conducted through J.P. Morgan Securities plc at prices ranging from 805 to 820 pence per share, and an average price of 814.3097 pence. This action is part of a larger ongoing share repurchase program that has seen the company acquire over 17 million shares for a total cost of approximately £123 million since November 2023. Following the cancellation, the total number of remaining shares in issue will be 372,570,947.

For further insights into GB:IGG stock, check out TipRanks’ Stock Analysis page.

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