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MONY Group PLC Announces Share Buyback and Cancellation

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MONY Group PLC Announces Share Buyback and Cancellation

Moneysupermarket.com ( (GB:MONY) ) just unveiled an update.

MONY Group PLC operates in the financial services industry, focusing on transactions involving securities. The company announced the purchase of 76,945 of its ordinary shares from Morgan Stanley on the London Stock Exchange, with plans to cancel these shares. This move is part of a strategic decision to manage its share capital, potentially impacting its market positioning and shareholder value.

More about Moneysupermarket.com

YTD Price Performance: 1.77%

Average Trading Volume: 1,323,396

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.05B

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

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