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IG Group Holdings ( (GB:IGG) ) has issued an announcement.
IG Group Holdings plc has announced the repurchase of 105,276 of its ordinary shares from UBS AG London Branch, with the highest price paid per share being 1057p and a volume weighted average price of 1050.9951p. The company plans to hold the repurchased shares in treasury, bringing its total to 7,289,783 shares, and the move reflects a continued strategy of share buybacks since September 2024, costing £67,623,091, potentially impacting shareholder value by reducing the number of shares in circulation.
More about IG Group Holdings
IG Group Holdings plc operates in the financial services industry, specializing in online trading and investment services. The company provides a wide range of products, including spread betting, contracts for difference (CFDs), and foreign exchange trading, focusing on retail and institutional clients worldwide.
YTD Price Performance: 6.41%
Average Trading Volume: 864,533
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.73B
For detailed information about IGG stock, go to TipRanks’ Stock Analysis page.
