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Moneysupermarket.com ( (GB:MONY) ) has shared an announcement.
MONY Group PLC, a company listed on the London Stock Exchange, announced the purchase of 74,061 of its ordinary shares from Morgan Stanley & Co. International Plc. The shares were bought at a volume-weighted average price of 198.6900 pence per share. This transaction was part of a previously announced plan from February 2025. The company intends to cancel the purchased shares, which may impact its share capital structure and potentially provide value to existing shareholders by reducing the number of shares in circulation.
The most recent analyst rating on (GB:MONY) stock is a Buy with a £2.80 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 strong financial performance and attractive valuation, which are significant strengths. However, bearish technical indicators suggest caution in the short term. The positive impact of corporate events like share buybacks supports the stock’s potential for long-term appreciation.
To see Spark’s full report on GB:MONY stock, click here.
More about Moneysupermarket.com
Average Trading Volume: 1,014,602
Technical Sentiment Signal: Sell
Current Market Cap: £1.05B
Learn more about MONY stock on TipRanks’ Stock Analysis page.