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MONY Group PLC Announces Share Repurchase and Cancellation

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MONY Group PLC Announces Share Repurchase and Cancellation

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Moneysupermarket.com ( (GB:MONY) ) has shared an update.

MONY Group PLC, a company involved in financial transactions, has announced the repurchase of 76,459 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities. This transaction, executed through Morgan Stanley & Co. International Plc, is part of a previously announced plan from February 2025. The company intends to cancel the purchased shares, which could potentially impact its share value and market positioning by reducing the number of shares in circulation.

The most recent analyst rating on (GB:MONY) stock is a Buy with a £224.00 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’s valuation is attractive with a low P/E ratio and high dividend yield. However, technical indicators suggest a neutral market trend with no strong momentum. The absence of earnings call data and corporate events limits additional insights.

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

More about Moneysupermarket.com

Average Trading Volume: 1,056,327

Technical Sentiment Signal: Sell

Current Market Cap: £1.05B

See more data about MONY stock on TipRanks’ Stock Analysis page.

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