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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 announcement.

MONY Group PLC, a financial services company, announced the repurchase of 74,581 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities through Morgan Stanley & Co. International Plc. This transaction, initiated by instructions from February 2025, reflects MONY’s strategic decision to cancel the repurchased shares, potentially impacting its share capital structure and signaling confidence in its market valuation.

The most recent analyst rating on (GB:MONY) stock is a Buy with a £225.00 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 shows a strong financial foundation with consistent revenue and profit growth, effective debt management, and robust cash flow generation. The valuation is attractive with a low P/E ratio and high dividend yield. Technical indicators suggest a neutral market sentiment, with no significant bullish or bearish signals. The absence of earnings call data and corporate events does not impact the score.

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

More about Moneysupermarket.com

Average Trading Volume: 955,486

Technical Sentiment Signal: Buy

Current Market Cap: £1.06B

For a thorough assessment of MONY stock, go to TipRanks’ Stock Analysis page.

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