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IN BRIEF: IG Group begins first part of GBP150 million share buyback

12th Aug 2024 12:20

IG Group Holdings PLC - London-based contracts-for-difference trading platform - Begins new share buyback, which was announced back in July. The buyback is for up to GBP150 million. The first tranche is for up to GBP75 million, and is expected to be completed by October 31. The sole purpose of the programme is to reduce share capital, IG says.

Current stock price: 932.00 pence, up 1.7% in London on Monday

12-month change: up 35%

By Sophie Rose, Alliance News senior reporter

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.


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