IG Group Holdings ( (GB:IGG) ) has shared an announcement.
IG Group Holdings plc announced the repurchase of 86,149 ordinary shares from Morgan Stanley & Co. International Plc, as part of a previously issued instruction. The shares were purchased at a volume-weighted average price of 950.11 pence and will be held in treasury, bringing the total number of shares held in treasury to 9,601,538. This move is part of a broader strategy since February 2025, where IG Group has repurchased a total of 1,590,128 shares, indicating a cost of £15,497,688.20. This action reflects IG Group’s ongoing efforts to manage its share capital and potentially enhance shareholder value.
More about IG Group Holdings
IG Group Holdings plc operates in the financial services industry, primarily offering online trading and investment services. The company focuses on providing platforms for trading financial derivatives, including contracts for difference (CFDs) and spread betting, catering to a global market of retail and institutional investors.
YTD Price Performance: -2.56%
Average Trading Volume: 1,012,476
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £3.35B
For detailed information about IGG stock, go to TipRanks’ Stock Analysis page.