IG Group Holdings (GB:IGG) has released an update.
IG Group Holdings has announced the buyback and subsequent cancellation of 427,983 of its ordinary shares, with plans to reduce the total number of shares in issue to 366,246,580. The shares were purchased through Morgan Stanley with the highest price paid at 972.00 pence and the lowest at 966.00 pence, averaging at 969.11 pence per share. Since August 12, IG Group has acquired over 3 million shares, investing around £29.55 million, excluding additional fees and taxes.
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