IG Group Holdings (IGG)

Sector:

Financials

Index:

FTSE 250

947.50p
   
  • Change Today:
      14.00p
  • 52 Week High: 992.00
  • 52 Week Low: 672.50
  • Currency: UK Pounds
  • Shares Issued: 355.69m
  • Volume: 448,496
  • Market Cap: £3,370.14m
  • RiskGrade: 149
  • Beta: 0.84

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 947.50p
Change Today 14.00p
% Change 1.50 %
52 Week High 992.00
52 Week Low 672.50
Volume 448,496
Shares Issued 355.69m
Market Cap £3,370.14m
Beta 0.84
RiskGrade 149

IGG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
54.71% above the market average54.71% above the market average54.71% above the market average54.71% above the market average54.71% above the market average
37.04% above the sector average37.04% above the sector average37.04% above the sector average37.04% above the sector average37.04% above the sector average
Price Trend
79.88% above the market average79.88% above the market average79.88% above the market average79.88% above the market average79.88% above the market average
60.71% above the sector average60.71% above the sector average60.71% above the sector average60.71% above the sector average60.71% above the sector average
Income
58.32% above the market average58.32% above the market average58.32% above the market average58.32% above the market average58.32% above the market average
7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average7.69% above the sector average
Growth
87.99% below the market average87.99% below the market average87.99% below the market average87.99% below the market average87.99% below the market average
76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average76.47% below the sector average

What The Brokers Say

Strong Buy 3
Buy 3
Neutral 2
Sell 0
Strong Sell 0
Total 8
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 19-Sep-24 01-Feb-24
Paid 17-Oct-24 01-Mar-24
Amount 32.64p 13.56p

Trades for 21-Nov-2024

Time Volume / Share Price
16:20 1 @ 944.50p
16:20 1 @ 944.50p
16:20 1 @ 944.50p
16:20 1 @ 944.50p
16:20 0 @ 944.50p

IGG Key Personnel

Chair Robert Michael McTighe
CEO Breon Corcoran

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