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An announcement from IG Group Holdings ( (GB:IGG) ) is now available.
IG Group Holdings plc has announced the purchase of 115,004 ordinary shares from UBS AG London Branch, with plans to hold these shares in treasury, thus increasing its treasury shares to 7,023,372. This strategic move, part of a broader share buyback program since September 2024, indicates IG Group’s ongoing efforts to optimize its capital structure, potentially enhancing shareholder value and impacting its market positioning positively.
More about IG Group Holdings
IG Group Holdings plc is a prominent player in the financial services industry, specializing in online trading. It provides financial derivatives such as contracts for difference (CFDs) and financial spread betting to a wide range of clients, focusing on empowering retail and institutional investors with advanced trading platforms.
YTD Price Performance: 0.96%
Average Trading Volume: 901,143
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.54B
See more insights into IGG stock on TipRanks’ Stock Analysis page.
