简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:IG Group has announced the launch of a £150 million share buyback program, with Morgan Stanley & Co. International Plc appointed to execute the first tranche of the scheme. This initiative, running from 12 August 2024 to 31 October 2024, is designed to reduce the firm's share capital.
IG Group has announced the launch of a £150 million share buyback program, with Morgan Stanley & Co. International Plc appointed to execute the first tranche of the scheme. This initiative, running from 12 August 2024 to 31 October 2024, is designed to reduce the firm's share capital.
The decision follows a similar successful buyback earlier in 2024, reflecting IG Group's confidence in managing its share capital amidst financial challenges. Under this program, up to 19,990,397 shares can be repurchased, leveraging the rights established during the company's annual general meeting on 19 September 2023. This comes on the heels of a $20 billion common shares repurchase program completed in July 2024.
IG Group's 2024 business year results highlight operational difficulties, with pre-tax profit dropping 11% to £400.8 million and annual revenue decreasing by 3% to £987.3 million. The firm also reported a 10% decline in net trading revenue due to reduced client activity and trading volumes.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
In the current political climate, understanding the policy differences between the main candidates has become increasingly important. As the 2024 U.S. presidential election approaches, the intense rivalry between Trump and Harris not only influences voters' decisions but also determines the future direction of the nation at a crucial time. With voting imminent, voters face two distinctly different governance philosophies and policy directions that impact not only U.S. domestic and foreign policy but also profoundly affect the global investment landscape.
As the 2024 U.S. presidential race approaches, investors worldwide are closely watching potential outcomes and their implications for global markets. While a 269-269 Electoral College tie between Vice President Kamala Harris and former President Donald Trump remains unlikely, its occurrence would set the stage for an unprecedented period of political uncertainty, triggering a contingent election decided by Congress. Such uncertainty would ripple across forex, stock, and oil markets, where stability and predictability are prized. Here’s a look at how a tie could affect these key financial sectors.
A former finance officer in Malaysia lost RM450,000 in savings after being deceived by an investment scheme advertised on social media.
A 50-year-old Malaysian woman experienced a devastating loss exceeding RM80,000 after falling victim to an online investment scam that preyed on her aspirations for substantial returns. The victim, a former secretary at a private firm, had initially hoped to secure a profitable investment opportunity but instead found herself deceived by a fraudulent scheme.