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MONY Group PLC Repurchases 77,411 Shares for Cancellation

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MONY Group PLC Repurchases 77,411 Shares for Cancellation

Meet Your ETF AI Analyst

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

MONY Group PLC, a company operating in the financial sector, has announced the repurchase of 77,411 of its ordinary shares from Morgan Stanley & Co. International Plc. The shares were bought at a volume-weighted average price of 193.7600 pence per share on the London Stock Exchange and Multilateral Trading Facilities. This strategic move, executed as per instructions from February 2025, is part of MONY’s ongoing efforts to manage its share capital effectively. The company plans to cancel the repurchased shares, which could potentially enhance shareholder value by reducing the number of shares outstanding.

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 has a strong financial foundation with robust cash flow and effective debt management, contributing significantly to its overall score. The valuation is attractive with a low P/E ratio and high dividend yield, making it appealing for value and income-focused investors. However, the technical analysis indicates a bearish trend, which could pose short-term challenges. The absence of earnings call and corporate events data means these factors do not influence the score.

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

More about Moneysupermarket.com

Average Trading Volume: 962,982

Technical Sentiment Signal: Sell

Current Market Cap: £1.02B

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

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