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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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An announcement from Moneysupermarket.com ( (GB:MONY) ) is now available.

MONY Group PLC, a company involved in financial transactions, announced the purchase of 75,565 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities. The shares were bought from Morgan Stanley & Co. International Plc at a volume-weighted average price of 198.5500 pence per share. The company plans to cancel the purchased shares, which is a strategic move that may impact its share value and market positioning.

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 is in a strong financial position with consistent revenue and profit growth, effective debt management, and strong cash flow generation. The stock is attractively valued with a reasonable P/E ratio and a high dividend yield. However, mixed technical indicators suggest caution, as bearish momentum and oversold conditions could impact short-term performance. The absence of earnings call and corporate events data limits additional insights.

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

More about Moneysupermarket.com

Average Trading Volume: 1,033,709

Technical Sentiment Signal: Sell

Current Market Cap: £1.05B

See more insights into MONY stock on TipRanks’ Stock Analysis page.

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