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IG Group Holdings ( (GB:IGG) ) has provided an update.
IG Group Holdings plc announced the repurchase of 107,242 of its ordinary shares from Morgan Stanley & Co. International Plc, as part of a previously issued instruction. These shares will be held in treasury, increasing the total treasury shares to 17,259,903, while the total shares in issue stand at 344,297,965. Since September 2025, IG Group has repurchased over 4 million shares, reflecting a strategic move to manage its capital structure and potentially enhance 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 providing online trading services. The company focuses on enabling clients to trade financial derivatives such as contracts for difference (CFDs) and spread betting, catering to both retail and institutional investors globally.
Average Trading Volume: 1,164,946
Technical Sentiment Signal: Buy
Current Market Cap: £3.83B
Learn more about IGG stock on TipRanks’ Stock Analysis page.