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MONY Group PLC Announces Share Buyback

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MONY Group PLC Announces Share Buyback

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

MONY Group PLC, a company involved in financial transactions, announced the purchase of 76,783 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities from Morgan Stanley & Co. International Plc. The shares were bought at prices ranging from 193.9000 pence to 198.0000 pence, with a volume-weighted average price of 195.3500 pence. The company intends to cancel the purchased shares, which may impact its share capital structure and potentially influence market perceptions.

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: 967,635

Technical Sentiment Signal: Hold

Current Market Cap: £1.06B

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

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