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IG Group Buys Back and Cancels 68,683 Ordinary Shares

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An announcement from IG Group Holdings ( (GB:IGG) ) is now available.

IG Group Holdings plc announced its recent purchase of 68,683 of its own ordinary shares, carried out through Morgan Stanley & Co. International Plc. The shares were bought at a cost of £694,577.44 and are to be cancelled, reducing the number of shares in circulation and potentially enhancing shareholder value. This action reflects IG Group’s ongoing strategy to manage its share capital effectively.

More about IG Group Holdings

IG Group Holdings plc operates in the financial services industry, specializing in online trading platforms and services. The company offers a range of financial products including contracts for difference (CFDs) and spread betting, focusing on providing innovative trading solutions to its clients globally.

YTD Price Performance: 4.29%

Average Trading Volume: 921,711

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £3.6B

See more data about IGG stock on TipRanks’ Stock Analysis page.

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