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The latest announcement is out from IG Group Holdings ( (GB:IGG) ).
IG Group Holdings plc has repurchased 107,339 of its ordinary shares from Morgan Stanley & Co. International Plc, as part of a previously announced buyback program initiated in September 2025. The shares will be held in treasury, increasing the total treasury shares to 17,367,242, while the total shares in issue remain at 344,190,626. Since the start of the buyback program, IG Group has acquired 4,265,005 shares at a cost of £46,689,604.02. This strategic move is likely aimed at enhancing shareholder value and optimizing capital structure.
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 offering online trading services. The company focuses on providing a platform for trading financial derivatives such as contracts for difference (CFDs) and spread betting, catering to retail and institutional clients globally.
Average Trading Volume: 1,164,946
Technical Sentiment Signal: Buy
Current Market Cap: £3.83B
See more insights into IGG stock on TipRanks’ Stock Analysis page.