Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
IG Group Holdings ( (GB:IGG) ) has shared an announcement.
IG Group Holdings plc has announced the repurchase of 105,276 ordinary shares, priced between 1047p and 1057p, from UBS AG London Branch. The company plans to hold these shares in treasury, and this move is part of its ongoing strategy, which since September 2024 has seen the purchase of 7,289,783 shares amounting to £67,623,091. This activity reflects IG Group’s strategy to manage its share capital effectively, potentially impacting shareholder value and market perception.
More about IG Group Holdings
IG Group Holdings plc operates in the financial sector, primarily offering online trading and investment services. The company is known for providing derivatives trading options, including CFDs (Contracts for Difference) and spread betting, focusing on serving retail and institutional clients worldwide.
YTD Price Performance: 6.41%
Average Trading Volume: 864,533
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.73B
For a thorough assessment of IGG stock, go to TipRanks’ Stock Analysis page.
