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MONY Group PLC Announces Share Repurchase

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MONY Group PLC Announces Share Repurchase

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An update from Moneysupermarket.com ( (GB:MONY) ) is now available.

MONY Group PLC, a company listed on the London Stock Exchange, has repurchased 67,720 of its ordinary shares at a volume-weighted average price of 221.5 pence per share. This transaction, executed through Morgan Stanley & Co. International Plc, is part of a previously announced plan from February 2025. The company intends to cancel the repurchased shares, which could potentially enhance shareholder value by reducing the number of shares outstanding.

The most recent analyst rating on (GB:MONY) stock is a Buy with a £2.85 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 demonstrates robust financial performance and strong technical indicators, contributing significantly to its overall score. While valuation metrics are supportive, they are less influential compared to the company’s financial and technical strength. Recent strategic share buybacks further bolster the stock’s appeal, enhancing shareholder value.

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

More about Moneysupermarket.com

Average Trading Volume: 909,101

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.17B

Learn more about MONY stock on TipRanks’ Stock Analysis page.

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