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MONY Group PLC Acquires and Cancels Own Shares

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MONY Group PLC Acquires and Cancels Own Shares

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The latest update is out from Moneysupermarket.com ( (GB:MONY) ).

MONY Group PLC, a company involved in financial transactions, announced the purchase of 76,330 of its ordinary shares from Morgan Stanley & Co. International Plc on the London Stock Exchange and Multilateral Trading Facilities. The shares were bought at prices ranging from 195.2000 to 197.4000 pence, with a volume-weighted average price of 196.4300 pence. MONY intends to cancel the purchased shares, which may impact its share capital structure and potentially influence shareholder value.

The most recent analyst rating on (GB:MONY) stock is a Buy with a £225.00 price target. To see the full list of analyst forecasts on Moneysupermarket.com stock, see the GB:MONY Stock Forecast page.

Spark’s Take on GB:MONY Stock

According to Spark, TipRanks’ AI Analyst, GB:MONY is a Outperform.

Moneysupermarket.com shows a strong financial foundation with consistent revenue and profit growth, effective debt management, and robust cash flow generation. The valuation is attractive with a low P/E ratio and high dividend yield. Technical indicators suggest a neutral market sentiment, with no significant bullish or bearish signals. The absence of earnings call data and corporate events does not impact the score.

To see Spark’s full report on GB:MONY stock, click here.

More about Moneysupermarket.com

Average Trading Volume: 925,673

Technical Sentiment Signal: Sell

Current Market Cap: £1.04B

For an in-depth examination of MONY stock, go to TipRanks’ Overview page.

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