Spread betting and CFDs broker IG Group plc today launched the second tranche of its expanded £250 million buyback program. This plan was announced back in July and began with a £100 million repurchase of listed ordinary shares in August. The UK-listed online trading platform broker released a statement that it has entered into non-discretionary instructions with Morgan Stanley to conduct the second tranche, which will be limited to a maximum aggregate market value of £150 million. The buyback activity is scheduled to start on November 7, 2023 and will be completed on or before July 31, 2024. IG Group added that the ... (full story)