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MONY Group PLC Announces Share Repurchase and Cancellation

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MONY Group PLC Announces Share Repurchase and Cancellation

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

MONY Group PLC, a company operating in the financial sector, announced the repurchase of 69,066 of its ordinary shares from Morgan Stanley & Co. International Plc on the London Stock Exchange and Multilateral Trading Facilities. This transaction, initiated on 14 February 2025, reflects MONY’s strategic decision to cancel the purchased shares, potentially impacting its market positioning by reducing the number of shares in circulation.

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 is in a strong financial position with consistent revenue growth and effective cash flow management. Technical indicators show positive momentum, although the stock may be overbought in the near term. Valuation metrics are attractive with a solid dividend yield. The recent corporate actions, including share buybacks, further enhance shareholder value and confidence.

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

More about Moneysupermarket.com

Average Trading Volume: 1,098,195

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.15B

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

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