UK online trading leader IG Group (LON:IGG) has announced that following the announcement of a new share buyback programme of up to £150 million on 25 July 2024, and the announcement of the £50 million extension of the Programme on 23 January 2025, it is pleased to announce that it has entered into non-discretionary instructions with Morgan Stanley & Co. International Plc to conduct the third tranche of the Programme of up to £50 million.
The third tranche of the buyback will take place in accordance with certain pre-set parameters. Morgan Stanley will make trading decisions in relation to the Programme independently of IG Group.
The sole purpose of the Programme is to reduce share capital.
The Third Tranche will be for a maximum aggregate market value of £50…
Read More
