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IG Group Holdings ( (GB:IGG) ) just unveiled an announcement.
IG Group Holdings plc announced the purchase of 103,593 of its ordinary shares from Morgan Stanley & Co. International Plc, executed as part of a buyback program initiated in September 2025. The shares will be held in treasury, contributing to a total of 17,152,661 treasury shares, while the company has 344,405,207 ordinary shares in issue. Since September, IG Group has acquired a total of 4,050,424 shares at a cost of £44,279,956.49. This strategic move is likely aimed at enhancing shareholder value and optimizing capital structure, reflecting the company’s proactive approach to managing its equity base.
The most recent analyst rating on (GB:IGG) stock is a Buy with a £1197.00 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.
The overall stock score of 71 reflects a solid financial foundation and attractive valuation, offset by neutral technical indicators. The company’s strong profitability and stable balance sheet are significant strengths, while the recent decline in revenue and cash flow growth rates are areas of concern. The valuation is favorable, with a low P/E ratio and high dividend yield, enhancing the stock’s appeal.
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 focusing on providing online trading and investment services. The company offers a range of products, including contracts for difference (CFDs), spread betting, and stockbroking services, catering to a global market of retail and institutional clients.
Average Trading Volume: 1,170,477
Technical Sentiment Signal: Buy
Current Market Cap: £3.83B
For an in-depth examination of IGG stock, go to TipRanks’ Overview page.