IG Group (LSE: IGG) has started a new £125 million share buyback program, appointing Morgan Stanley as the executing broker for the multi-month initiative. The FTSE 250 company announced the program in July and confirmed today (Thursday) that Morgan Stanley will handle purchases according to predetermined parameters. The buyback aims solely to reduce IG Group's share capital, with all purchased shares moving into treasury rather than being canceled. IG Group expects the program to wrap up by...
