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IG Group Holdings ( (GB:IGG) ) has provided an announcement.
IG Group Holdings plc announced the purchase of 110,606 of its ordinary shares from Morgan Stanley & Co. International Plc, as part of a previously announced buyback program. The shares will be held in treasury, contributing to a total of 14,595,182 shares held, with 346,962,686 shares in issue. Since the start of the buyback program on 4 September 2025, IG Group has acquired 1,492,945 shares at a cost of £16,817,880.98, signaling a strategic move to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:IGG) stock is a Hold with a £1250.00 price target. To see the full list of analyst forecasts on IG Group Holdings stock, see the GB:IGG Stock Forecast page.
Spark’s Take on GB:IGG Stock
According to Spark, TipRanks’ AI Analyst, GB:IGG is a Outperform.
IG Group Holdings scores well due to strong technical indicators and a solid valuation, supported by a stable financial position. The main risks are the recent declines in revenue and free cash flow growth, which could impact future financial health. The absence of earnings call data and corporate events does not affect the overall score.
To see Spark’s full report on GB:IGG stock, click here.
More about IG Group Holdings
IG Group Holdings plc operates in the financial services industry, primarily offering online trading services. The company focuses on providing trading platforms and services for retail and institutional investors, facilitating access to a wide range of financial markets.
Average Trading Volume: 1,188,910
Technical Sentiment Signal: Buy
Current Market Cap: £3.76B
Find detailed analytics on IGG stock on TipRanks’ Stock Analysis page.