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IG Group Holdings ( (GB:IGG) ) has shared an announcement.
IG Group Holdings plc announced the purchase of 108,460 of its ordinary shares from Morgan Stanley & Co. International Plc, with plans to hold these shares in treasury. This transaction is part of a broader share buyback program initiated in September 2025, which has seen the company repurchase a total of 4,479,612 shares at a cost of £49,086,317.76. The move is likely aimed at optimizing capital structure and potentially enhancing shareholder value.
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 trading platforms for financial markets, including forex, indices, commodities, and cryptocurrencies.
Average Trading Volume: 1,049,339
Technical Sentiment Signal: Buy
Current Market Cap: £3.83B
Learn more about IGG stock on TipRanks’ Stock Analysis page.