16th Dec 2025 10:48
(Alliance News) - IG Group Holdings PLC on Tuesday extended its share buyback as it said it was confident of meeting market expectations in the coming year.
The London-based provider of online trading platforms increased the share buyback programme, which started in September, to GBP200 million from GBP125 million before. IG expects this programme to be completed by the end of March 2026.
Further share buybacks will be considered at the time of full year results, subject to share price performance and other demands on capital.
In a trading update, IG reported net trading revenue of GBP270.7 million, up 29% on the prior year and 17% on the prior quarter with growth broad-based across all major product categories.
New customer acquisition accelerated, with first trades up 64% on the prior year and 18% on the prior quarter supported by new products and increased marketing investment and effectiveness.
In November, IG said it was changing its financial year-end to December 31 from May 31.
For 2025, IG expects to report total revenue of GBP1.10 billion, an increase of around 5% on the prior year.
Net trading revenue is forecast at GBP980 million, up around 8% on-year, while net interest income is expected to be slightly under GBP120 million, down just over 15%.
Looking ahead to 2026, IG expects to deliver revenue growth around the mid-point of the guided range of mid-to-high single-digit from a base of around GBP1.08 billion in 2025.
"This outlook is underpinned by growth in new customer acquisition and active customers, an extensive product pipeline, enhanced marketing capabilities, the full-year benefit of customer income retention initiatives launched in calendar year 2025, and market expectations for interest rates," the firm added.
To capitalise on strong momentum and planned new product launches, IG intends to increase marketing investment in 2026 to "accelerate long-term growth".
The group said it is confident of meeting market expectations for earnings before interest, tax, depreciation and amortisation and cash earnings per share in 2026, based on market conditions broadly consistent with calendar year 2025.
Shares in IG were up 6.1% at 1,237.50 pence each in London on Tuesday.
By Jeremy Cutler, Alliance News reporter
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