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An announcement from IG Group Holdings ( (GB:IGG) ) is now available.
IG Group Holdings plc announced the purchase of 112,351 of its ordinary shares from Morgan Stanley & Co. International Plc, as part of a buyback program initiated in September 2025. The shares, acquired at a volume-weighted average price of 1,068.80 pence, will be held in treasury, increasing the total number of treasury shares to over 15 million. This move is part of a broader strategy where IG Group has repurchased over 2 million shares since early September, reflecting a significant investment of nearly £23 million. The buyback is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.
The most recent analyst rating on (GB:IGG) stock is a Hold with a £1144.00 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 Neutral.
IG Group Holdings’ overall stock score is driven by its strong valuation, offering an attractive P/E ratio and dividend yield. However, the bearish technical indicators and challenges in revenue and cash flow growth weigh on the score. The company’s solid financial performance provides a stable foundation, but market sentiment and technical trends suggest caution.
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 and products. The company focuses on providing platforms for trading financial derivatives such as contracts for difference (CFDs) and spread betting, catering to a global market of retail and institutional investors.
Average Trading Volume: 1,203,790
Technical Sentiment Signal: Buy
Current Market Cap: £3.67B
For an in-depth examination of IGG stock, go to TipRanks’ Overview page.