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IN BRIEF: IG Group begins first part of £150 million share buyback

ALN

IG Group Holdings PLC - London-based contracts-for-difference trading platform - Begins new share buyback, which was announced back in July. The buyback is for up to £150 million. The first tranche is for up to £75 million, and is expected to be completed by October 31. The sole purpose of the programme is to reduce share capital, IG says.

Current stock price: 932.00 pence, up 1.7% in London on Monday

12-month change: up 35%

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