IG Group Holdings plc has announced the purchase of 38,576 of its ordinary shares of 0.005 pence each through J.P. Morgan Securities plc on 7 May 2024. The highest price paid per share was 775.0000, the lowest price paid per share was 769.0000, and the average price paid per share was 772.0628. The company intends to cancel the purchased shares, leaving the remaining number of ordinary shares in issue at 373,750,110.

Since 7 November 2023, the company has purchased 16,052,107 shares at a cost (including dealing and associated costs) of £113,663,612.91. The detailed information about the purchases made as part of the buy-back program is available in the schedule of purchases. The full breakdown of the individual trades by J.P. Morgan Securities plc is also detailed in the Schedule to the announcement.

This move indicates the company's confidence in its financial position and its commitment to returning value to its shareholders. It also reflects the company's strategy to manage its capital structure efficiently.