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An update from IG Group Holdings ( (GB:IGG) ) is now available.
IG Group Holdings announced the repurchase of 65,859 of its ordinary shares from UBS AG London Branch as part of its ongoing share buyback program, with the shares intended for treasury holding. Since September 2024, the company has purchased over 6.8 million shares, reflecting a strategic move 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, specializing in online trading and investment services. The company provides contracts for difference (CFDs), spread betting, and other related products, focusing on global markets for retail and institutional clients.
YTD Price Performance: 36.26%
Average Trading Volume: 840,615
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.5B
Find detailed analytics on IGG stock on TipRanks’ Stock Analysis page.
