IG Group Holdings plc has announced the purchase and cancellation of a number of its ordinary shares. The company purchased 38,400 of its ordinary shares on 13th May 2024 through J.P. Morgan Securities plc. The highest price paid per share was 783.0000, the lowest price paid per share was 777.0000, and the average price paid per share was 780.3521. The company intends to cancel the purchased shares, resulting in the remaining number of ordinary shares in issue being 373,594,366.
Since 7th November 2023, the company has purchased a total of 16,208,064 shares at a cost (including dealing and associated costs) of £114,883,042.19. The detailed information about the purchases made as part of the buy-back program is available in the announcement. The full breakdown of the individual trades by J.P. Morgan Securities plc is also detailed in the Schedule to the announcement.
This announcement provides transparency regarding the company's recent transactions in its own shares, including the purchase and cancellation of ordinary shares. The information presented gives insight into the company's buy-back program and the specific details of the shares purchased, prices paid, and the investment firm involved in the transactions.