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IG Group Holdings ( (GB:IGG) ) just unveiled an update.
IG Group Holdings plc has announced the repurchase of 71,130 of its ordinary shares from Morgan Stanley & Co. International Plc, at an average price of 1,011.86 pence per share. The company plans to hold these shares in treasury, now totaling 8,151,223 treasury shares with 353,406,645 shares in issue. This move is part of IG Group’s broader 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, providing online trading and investment solutions. The company focuses on retail and institutional clients, offering products such as spread betting, contracts for difference, and forex trading.
YTD Price Performance: 4.09%
Average Trading Volume: 925,412
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.59B
See more data about IGG stock on TipRanks’ Stock Analysis page.
