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IG Group Holdings ( (GB:IGG) ) has shared an announcement.
IG Group Holdings plc has announced the purchase of 119,365 of its ordinary shares from UBS AG London Branch. The shares were bought at a volume-weighted average price of 962.6456 pence per share. This transaction is part of IG Group’s ongoing share buyback program, with the company holding these shares in treasury, and it aims to manage its capital structure effectively. Since September 2024, the company has invested £59,578,400 in share repurchases, excluding fees and taxes, reflecting a strategic move to optimize shareholder value and improve its financial metrics.
More about IG Group Holdings
IG Group Holdings plc operates in the financial services industry, providing online trading and investment services. The company primarily focuses on offering access to a wide range of financial markets, including forex, indices, shares, commodities, and cryptocurrencies, catering to retail and institutional clients globally.
YTD Price Performance: 33.16%
Average Trading Volume: 979,643
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.42B
For a thorough assessment of IGG stock, go to TipRanks’ Stock Analysis page.
