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IG Group Holdings ( (GB:IGG) ) just unveiled an update.
IG Group Holdings plc announced the repurchase of 110,897 of its ordinary shares from Morgan Stanley & Co. International Plc, as part of a previously issued instruction. The shares were bought at a volume-weighted average price of 1,085.34 pence per share and will be held in treasury. This transaction is part of a larger buyback program initiated in September 2025, through which IG Group has acquired 3,836,636 shares at a total cost of £41,929,568.91. The buyback strategy is aimed at optimizing capital structure and potentially enhancing shareholder value.
The most recent analyst rating on (GB:IGG) stock is a Buy with a £13.50 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.
The overall stock score for IG Group Holdings is driven by its solid financial performance and attractive valuation. While the company shows strong profitability and a stable balance sheet, the recent decline in revenue and free cash flow growth rates raises concerns. The technical analysis indicates a lack of strong momentum, which could impact short-term performance. However, the low P/E ratio and high dividend yield make it appealing for value and income-focused investors.
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, providing trading and investment services. The company is known for its online trading platform, offering access to a wide range of financial markets, including forex, indices, commodities, and cryptocurrencies. IG Group focuses on empowering investors with tools and resources to manage their portfolios effectively.
Average Trading Volume: 1,202,751
Technical Sentiment Signal: Strong Buy
Current Market Cap: £3.69B
For a thorough assessment of IGG stock, go to TipRanks’ Stock Analysis page.