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MONY Group PLC Repurchases and Cancels Shares

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MONY Group PLC Repurchases and Cancels Shares

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

MONY Group PLC, a company operating in the financial sector, has announced the repurchase of 76,191 of its ordinary shares from Morgan Stanley & Co. International Plc. The shares were bought on the London Stock Exchange and Multilateral Trading Facilities at a volume-weighted average price of 196.8700 pence per share. This move is part of a previously announced plan from February 2025, and the company intends to cancel the repurchased shares. The cancellation of shares may impact the company’s share value by potentially increasing the value of remaining shares, reflecting a strategic move to optimize shareholder value.

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 shows a strong financial foundation with consistent revenue and profit growth, effective debt management, and robust cash flow generation. The valuation is attractive with a low P/E ratio and high dividend yield. Technical indicators suggest a neutral market sentiment, with no significant bullish or bearish signals. The absence of earnings call data and corporate events does not impact the score.

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

More about Moneysupermarket.com

Average Trading Volume: 928,099

Technical Sentiment Signal: Sell

Current Market Cap: £1.04B

Find detailed analytics on MONY stock on TipRanks’ Stock Analysis page.

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