IG Group launches new share buyback program
Following the announcement of a new share buyback programme of up to £125 million on 19 March 2026, IG Group Holdings plc (LON:IGG) today announced that it has instructed Morgan Stanley & Co. International Plc to conduct the programme in accordance with certain pre-set parameters.
The sole purpose of the program is to reduce share capital.
The programme will be completed in two tranches of up to £62.5 million each. The first tranche of the programme will commence on 1 April 2026 and is expected to be completed by 30 September 2026, with an announcement being made ahead of the start of the second tranche of the Programme, subject to share price performance and other demands on capital.
Purchased shares will be held in treasury.
The Programme will take place within the limitations of the authority granted to the Board of IG Group at its annual general meeting, held on 17 September 2025. Pursuant to that authority, the maximum number of shares which remain available for purchase under the Programme is 36,155,787.
