British electronic trading firm IG Group Holdings has tasked the London branch of UBS with executing the second phase of its share buyback programme, valued at up to £75 million ($100.4 million). The second tranche will be for a maximum aggregate market value of £75 million and will commence on September 25, 2024. It is expected to be completed by January 31, 2025. IG Group said the second phase will take place within the limitations of the authority granted to the board of IG Group at its annual general meeting, held on September 18, 2024.