IG Group Holdings (GB:IGG) has released an update.
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IG Group Holdings has announced the repurchase of 1,982 of its ordinary shares from UBS AG London Branch at a price of 936 pence each, adding to its treasury holdings. This move is part of a broader buyback initiative, with the company having acquired over 6 million shares since September 2024. Such buybacks can potentially enhance shareholder value and signify confidence in the company’s future prospects.
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