MONY Group PLC Announces Share Buyback and Cancellation

Moneysupermarket.com ( (GB:MONY) ) just unveiled an update.

MONY Group PLC, a company engaged in financial operations, has announced a transaction involving the purchase of its own ordinary shares on the London Stock Exchange and Multilateral Trading Facilities. The company acquired 70,359 shares at prices ranging from 209.6000 to 214.2000 pence per share, with a volume-weighted average price of 213.0000 pence. This move is part of a previously announced plan from February 2025, and the company intends to cancel the purchased shares, which could impact its share capital structure and market perception.

The most recent analyst rating on (GB:MONY) stock is a Buy with a £2.85 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 growth and effective cash flow management. Technical indicators show positive momentum, although the stock may be overbought in the near term. Valuation metrics are attractive with a solid dividend yield. The recent corporate actions, including share buybacks, further enhance shareholder value and confidence.

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

More about Moneysupermarket.com

Average Trading Volume: 1,108,909

Technical Sentiment Signal: Buy

Current Market Cap: £1.11B

For a thorough assessment of MONY stock, go to TipRanks’ Stock Analysis page.