IG Group launches new share buyback program
Following the announcement of a new share buyback program of up to £125 million on 24 July 2025, IG Group Holdings plc (LON:IGG) today announce that it has instructed Morgan Stanley & Co. International Plc to conduct the program in accordance with certain pre-set parameters.
The sole purpose of the program is to reduce share capital.
The program will commence on 4 September 2025 and is expected to be completed by 30 January 2026, subject to share price performance and other demands on capital.
Purchased shares will be held in treasury.
The program will take place within the limitations of the authority granted to the Board of IG Group at its annual general meeting, held on 18 September 2024. Pursuant to that authority, the maximum number of shares which remain available for purchase under the program is 23,831,794.