IG Group Holdings plc has announced that it has purchased 218,376 of its ordinary shares from Morgan Stanley & Co. International Plc. The purchase was made in accordance with instructions issued by IG Group on August 1, 2023. The shares were bought on October 13, 2023, with the highest price paid per share being 636.50 pence and the lowest price paid per share being 624.50 pence. The volume weighted average price paid per share was 628.51 pence. IG Group intends to cancel the purchased shares, resulting in a remaining number of ordinary shares in issue of 392,873,782.

Since August 2, 2023, IG Group has purchased a total of 12,236,253 shares at a cost of £80,774,614.82, excluding fees and taxes. A full breakdown of the individual trades conducted by Morgan Stanley is available in the Schedule provided in the announcement.

No further information or details were provided in the news release.