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MONY Group PLC Announces Share Repurchase

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MONY Group PLC Announces Share Repurchase

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Moneysupermarket.com ( (GB:MONY) ) has shared an announcement.

MONY Group PLC, a company involved in financial transactions, announced the repurchase of 74,185 ordinary shares from Morgan Stanley & Co. International Plc on the London Stock Exchange. This move, part of a previously announced plan, involves canceling the repurchased shares, potentially impacting the company’s share capital and market perception.

The most recent analyst rating on (GB:MONY) stock is a Buy with a £226.00 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 is in a strong financial position with effective management of resources and risks, which is the most significant factor in its overall score. The stock’s valuation is attractive, with a low P/E ratio and high dividend yield. However, technical indicators suggest some short-term weakness, which slightly offsets the positive financial and valuation aspects.

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

More about Moneysupermarket.com

Average Trading Volume: 949,444

Technical Sentiment Signal: Sell

Current Market Cap: £1.05B

See more insights into MONY stock on TipRanks’ Stock Analysis page.

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