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IG Group Expands Treasury Holdings with Recent Share Buyback

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IG Group Expands Treasury Holdings with Recent Share Buyback

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An announcement from IG Group Holdings ( (GB:IGG) ) is now available.

IG Group Holdings plc announced the recent purchase of 73,092 ordinary shares from Morgan Stanley & Co. International Plc, as part of a strategic move to manage its share capital. The shares will be held in treasury, bringing the total to 9,205,849 treasury shares, with 352,352,019 shares in issue. This transaction is part of a broader share buyback initiative that has seen the acquisition of over 1.19 million shares since early February 2025, reflecting the company’s commitment to optimizing its capital structure, potentially enhancing shareholder value.

More about IG Group Holdings

IG Group Holdings plc is a prominent player in the financial services industry, offering a range of trading and investment solutions. The company is known for its online trading platform, providing access to a broad suite of financial products, including contracts for difference (CFDs), forex, and options.

YTD Price Performance: -2.56%

Average Trading Volume: 1,024,877

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £3.35B

For detailed information about IGG stock, go to TipRanks’ Stock Analysis page.

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