IG Group extends share buyback by 50 million pounds

The group said profit before tax for the six months ended Nov. 30 dipped 2% to 240.5 million pounds, weighed down by softer client activity as market volatility spurred in part by the Ukraine crisis eased.

Reuters

January 26, 2023 / 12:59 IST

Representative image

Online trading platform IG Group said on Thursday it was extending its share buyback by 50 million pounds ($61.98 million) to 200 million pounds and that it expected its full-year performance to be in line with expectations.

The group said profit before tax for the six months ended Nov. 30 dipped 2% to 240.5 million pounds, weighed down by softer client activity as market volatility spurred in part by the Ukraine crisis eased.

Reuters

first published: Jan 26, 2023 12:59 pm

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