tiprankstipranks
IG Group Boosts Treasury Holdings with Latest Share Purchase
Company Announcements

IG Group Boosts Treasury Holdings with Latest Share Purchase

Story Highlights

Pick the best stocks and maximize your portfolio:

An update from IG Group Holdings ( (GB:IGG) ) is now available.

IG Group Holdings plc announced the purchase of 58,838 ordinary shares, at a highest price of 963p per share, from UBS AG London Branch. The acquired shares will be held in treasury, increasing the total to 6,537,445 treasury shares and maintaining 355,020,423 shares in issue. Since September 2024, the company has invested over £60 million in share repurchases, indicating strategic financial management and a commitment to shareholder value.

More about IG Group Holdings

IG Group Holdings plc operates within the financial services industry, primarily offering online trading and investment services. The company focuses on providing clients access to various financial markets, including forex, equities, and commodities, through its trading platform.

YTD Price Performance: 32.61%

Average Trading Volume: 984,829

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £3.41B

For an in-depth examination of IGG stock, go to TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskIG Group Holdings Sees Slight Increase in Voting Rights by Major Shareholder
TipRanks UK Auto-Generated NewsdeskMFS Adjusts Stake in IG Group Holdings
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App