IG Group Announces Proposed Capital Reduction
The fintech company is proposing a capital reduction to increase its distributable reserves and provide flexibility for future distributions and share buybacks.
The fintech company is proposing a capital reduction to increase its distributable reserves and provide flexibility for future distributions and share buybacks.
The fintech company has delivered a strong Q4 performance, with elevated client trading activity driving revenue and profit ahead of expectations. The business has also strengthened its balance sheet through refinancing.
The fintech company has completed the acquisition of online investment platform Freetrade, aiming to accelerate growth and product development.
The retailer's non-executive director has purchased additional shares in the company.
The fintech company reported a 12% year-over-year increase in Q3 revenue, driven by growth across its trading and investment products. The firm remains confident in meeting full-year targets.
The fintech company reports a change in major shareholding, with a U.S. investment manager crossing the 5% threshold.
The fintech company announced a small share purchase by its Chief Financial Officer, with no major implications for the business.
The financial services firm's CFO has purchased 5,000 shares, indicating confidence in the company's prospects.
The fintech company has received a regulatory notification of a change in major shareholding, with no material impact on the business.
The fintech company is launching a new £50 million tranche of its share buyback programme, providing limited details on the rationale or impact.