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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 issued an update.

MONY Group PLC, a financial services company, has announced the repurchase of 77,132 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 shares were bought at a volume-weighted average price of 194.47 pence per share, and MONY intends to cancel these shares. This move is likely aimed at consolidating ownership and potentially increasing shareholder value.

The most recent analyst rating on (GB:MONY) stock is a Buy with a £219.00 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 effective management of resources and risks, contributing significantly to its overall score. The attractive valuation with a low P/E ratio and high dividend yield further supports the stock’s appeal. However, mixed technical indicators suggest potential short-term weakness, which slightly offsets the positive financial and valuation aspects.

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

More about Moneysupermarket.com

Average Trading Volume: 1,046,558

Technical Sentiment Signal: Sell

Current Market Cap: £1.03B

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

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