IG Group Holdings (IGG)

Sector:

Financials

Index:

FTSE 250

1,130.00p
   
  • Change Today:
    -8.00p
  • 52 Week High: 1,153.00p
  • 52 Week Low: 890.50p
  • Currency: UK Pounds
  • Shares Issued: 348.46m
  • Volume: 1,440,910
  • Market Cap: £3,937.55m
  • RiskGrade: 149

IG Group kicks off second tranche of share buyback

By Josh White

Date: Wednesday 25 Sep 2024

LONDON (ShareCast) - (Sharecast News) - IG Group announced the start of the second tranche of its share buyback programme on Wednesday, with an allocation of up to £75m.
The FTSE 250 company initially announced the programme on 25 July, outlining a total of up to £150m, with a primary aim to reduce IG Group's share capital.

It said UBS had been appointed to execute the latest tranche within pre-set parameters.

The programme was set to begin on Wednesday, and would run through to 31 January.

Shares purchased under the programme would be held in treasury.

The second tranche was being conducted under the authority granted at IG Group's annual general meeting on 18 September, allowing it to repurchase up to 36,934,031 shares.

At 0819 BST, shares in IG Group Holdings were up 0.33% at 915.5p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

IGG Market Data

Currency UK Pounds
Share Price 1,130.00p
Change Today -8.00p
% Change -0.70 %
52 Week High 1,153.00p
52 Week Low 890.50p
Volume 1,440,910
Shares Issued 348.46m
Market Cap £3,937.55m
RiskGrade 149

IGG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
35.74% below the market average35.74% below the market average35.74% below the market average35.74% below the market average35.74% below the market average
51.02% below the sector average51.02% below the sector average51.02% below the sector average51.02% below the sector average51.02% below the sector average
Price Trend
75.78% above the market average75.78% above the market average75.78% above the market average75.78% above the market average75.78% above the market average
58.42% above the sector average58.42% above the sector average58.42% above the sector average58.42% above the sector average58.42% above the sector average
Income
55.31% above the market average55.31% above the market average55.31% above the market average55.31% above the market average55.31% above the market average
3.45% below the sector average3.45% below the sector average3.45% below the sector average3.45% below the sector average3.45% below the sector average
Growth
8.87% above the market average8.87% above the market average8.87% above the market average8.87% above the market average8.87% above the market average
7.53% above the sector average7.53% above the sector average7.53% above the sector average7.53% above the sector average7.53% above the sector average

What The Brokers Say

Strong Buy 3
Buy 2
Neutral 4
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IGG Dividends

  Latest Previous
  Final Interim
Ex-Div 18-Sep-25 30-Jan-25
Paid 16-Oct-25 03-Mar-25
Amount 33.34p 13.86p

Trades for 29-Aug-2025

Time Volume / Share Price
16:35 63 @ 1,130.00p
16:35 3,330 @ 1,130.00p
16:35 1,218 @ 1,130.00p
16:35 11 @ 1,130.00p
16:35 22 @ 1,130.00p

IGG Key Personnel

Chair Robert Michael McTighe
CEO Breon Corcoran
CFO Clifford Abrahams

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