tiprankstipranks
IG Group Announces Major Share Buy-Back
Company Announcements

IG Group Announces Major Share Buy-Back

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

IG Group Holdings plc has reported the buy-back of 41,000 of its own ordinary shares at an average price of 792.7005 pence each, with the highest and lowest prices being 798.5000 and 787.5000 pence respectively. The shares were purchased via J.P. Morgan Securities plc on June 14, 2024, and they will be subsequently cancelled, leaving the company with 372,648,064 shares remaining in issue. This buy-back is part of a larger program that has seen the company acquire over 17 million shares at a total cost of over £122 million since November 2023.

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

Looking for more investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles