IG CEO Buys Shares Twice Within a Week After Revenue Outlook Cut; CFO Also Purchases
By Tareq Sikder
AI summary of the source article
IG Group CEO Breon Corcoran and CFO Clifford Abrahams bought a combined 80,000 shares for roughly £756,312 following a drop in the broker's share price.
Key facts
- IG Group CEO Breon Corcoran bought 70,000 shares for approximately £661,913 across two transactions.
- CFO Clifford Abrahams purchased 10,000 shares for £94,399.10 on the London Stock Exchange.
- The purchases followed a share price drop after IG lowered its revenue growth outlook for 2026.
Source excerpt · Finance Magnates
IG Group Holdings CEO Breon Corcoran purchased 70,000 ordinary shares for approximately £661,913 across two transactions last Friday and yesterday, according to a regulatory filing published today (Tuesday). London's trading industry is coming home! The purchases follow a sharp fall in IG's share price earlier this month. Finance Magnates reported on 7 October that the shares fell by as much as 27…