tiprankstipranks
Advertisement
Advertisement

Mony Group Cancels Newly Repurchased Shares After Latest Buyback

Story Highlights
  • Mony Group repurchased 118,808 ordinary shares on 12 March 2026 at an average price of about 168 pence.
  • The company will cancel the repurchased shares, reducing share capital and signaling active capital management to investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mony Group Cancels Newly Repurchased Shares After Latest Buyback

Claim 55% Off TipRanks

The latest update is out from Moneysupermarket.com ( (GB:MONY) ).

Mony Group PLC has executed a share buyback transaction, repurchasing 118,808 ordinary shares on 12 March 2026 via Morgan Stanley & Co. International on the London Stock Exchange and multilateral trading facilities. The shares were acquired at prices between 167.0000 pence and 169.6000 pence, with a volume‑weighted average price of 168.3400 pence.

The company intends to cancel all of the repurchased shares, effectively reducing its share capital and potentially enhancing earnings per share over time. This move forms part of its previously announced buyback instructions and signals continued capital management efforts that may support shareholder returns and market confidence in the group’s financial position.

The most recent analyst rating on (GB:MONY) stock is a Buy with a £250.00 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.

The score is driven primarily by strong financial performance (profitability, low leverage, and robust free cash flow) and attractive valuation (low P/E and high dividend yield). These positives are partly offset by weak technicals, with the stock trading below key moving averages and showing bearish momentum.

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

More about Moneysupermarket.com

Mony Group PLC operates as a UK-based online financial services platform focused on price comparison and brokerage for consumer financial products. The group connects retail customers with providers of insurance, credit, savings, and utility services, helping users find competitive deals while generating fees and commissions from product providers across its digital marketplace.

Average Trading Volume: 1,918,850

Technical Sentiment Signal: Sell

Current Market Cap: £878.3M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1