IG Group Holdings plc has announced the purchase of 37,497 of its ordinary shares of 0.005 pence each through J.P. Morgan Securities plc on 20th May 2024. The highest price paid per share was 802.5000, the lowest price paid per share was 798.5000, and the average price paid per share was 800.4708. The Company intends to cancel the purchased shares, leaving the remaining number of ordinary shares in issue at 373,403,022.

Since 7th November 2023, the Company has purchased 16,399,195 shares at a cost (including dealing and associated costs) of £116,403,259.94. The detailed information about the purchases made as part of the buy-back program is available in the Schedule to the announcement.

This transaction reflects the company's strategy to manage its capital structure and optimize its capital allocation. The buy-back program demonstrates the company's confidence in its financial position and long-term prospects. This move may also have an impact on the company's stock price and market perception.