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IG Group Holdings ( (GB:IGG) ) has provided an update.
IG Group Holdings plc announced the repurchase of 84,613 ordinary shares from Morgan Stanley & Co. International Plc. The shares, held in treasury, were bought at an average price of 966.81 pence each. This move is part of a series of purchases since 3 February 2025, totaling 786,358 shares costing approximately £7.84 million. The repurchase strategy is likely aimed at strengthening the company’s financial standing and shareholder value.
More about IG Group Holdings
IG Group Holdings plc operates in the financial services industry, primarily focusing on trading and investment services. The company is known for providing a platform for online trading, offering a variety of products such as forex, commodities, and indices to a global clientele.
YTD Price Performance: -0.98%
Average Trading Volume: 1,011,692
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £3.41B
For an in-depth examination of IGG stock, go to TipRanks’ Stock Analysis page.
