IG Group Holdings plc (ticker IGG.L, listed on the London Stock Exchange, sector Financial Services) has unlocked more than £425 million following a court-approved capital reduction today, June 27, 2025. The UK High Court sanctioned the move, which released £300 million from newly issued-and-cancelled “New Deferred Shares,” £125.7 million from the share premium account, and £3,501 from the capital redemption reserve, now classified as distributable profits.
Although this doesn’t impact the number or rights of ordinary shares, it transforms previously blocked equity into actionable cash. IG Group plans to channel these funds into enhanced dividends, extend its £200 million share buyback program, or pursue strategic acquisitions. Earlier this year, it acquired Freetrade for £160 million. Elevated market volatility boosting trading volumes suggests FY25 revenues and adjusted profits are likely to exceed expectations.
Shares of IGG.L closed at 1,071 GBX today, up approximately 0.66%, valuing the firm at over £3.7 billion, with a dividend yield around 4.4%.