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IG Group Holdings ( (GB:IGG) ) has issued an update.
IG Group Holdings plc announced the repurchase of 113,204 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 1,059.79 pence per share and will be held in treasury. This transaction is part of a broader share buyback program, with IG Group having purchased a total of 1,718,501 shares since 4 September 2025, amounting to £19,219,592.29. This strategic move aims to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.
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 focusing on online trading and investment services. The company provides a platform for trading various financial instruments, including forex, indices, commodities, and cryptocurrencies, catering to both retail and institutional clients.
Average Trading Volume: 1,203,386
Technical Sentiment Signal: Buy
Current Market Cap: £3.69B
See more data about IGG stock on TipRanks’ Stock Analysis page.