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The latest update is out from IG Group Holdings ( (GB:IGG) ).
IG Group Holdings plc announced the purchase of 275,142 of its own ordinary shares from UBS AG London Branch on January 31, 2025, with a volume-weighted average price of 1020.9541 pence per share. These shares are to be held in treasury, completing a share buyback program initiated on September 25, 2024, with a total of 8,011,410 shares purchased at a cost of £74,999,991. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about IG Group Holdings
IG Group Holdings plc operates in the financial services industry, primarily providing online trading and investment platforms. It focuses on offering trading services and products such as contracts for difference (CFDs) and spread betting to a global market of retail and institutional clients.
YTD Price Performance: 4.29%
Average Trading Volume: 921,711
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.6B
For a thorough assessment of IGG stock, go to TipRanks’ Stock Analysis page.
