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IG Group Holdings Executes Share Buyback
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IG Group Holdings Executes Share Buyback

IG Group Holdings (GB:IGG) has released an update.

IG Group Holdings plc has announced the repurchase of 131,042 of its ordinary shares at prices ranging from 838.5000 to 851.0000 pence per share, with an average cost of 842.9789 pence each, on July 17, 2024, through J.P. Morgan Securities plc. The company plans to cancel the acquired shares, which will leave 370,438,289 ordinary shares in issue. Since November 2023, IG Group has bought back 19,363,928 shares at a total expense of over £140 million.

For further insights into GB:IGG stock, check out TipRanks’ Stock Analysis page.

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