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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) ) has shared an update.

MONY Group PLC, a company involved in financial transactions, has announced the repurchase of 77,240 of its ordinary shares from Morgan Stanley & Co. International Plc on the London Stock Exchange. The shares were bought at prices ranging from 191.3000 to 195.9000 pence, with a volume-weighted average price of 194.1900 pence. This move is part of a previously announced plan from February 2025, and the company intends to cancel the repurchased shares, which could impact the company’s share value and market perception.

The most recent analyst rating on (GB:MONY) stock is a Buy with a £219.00 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 has a strong financial foundation with robust cash flow and effective debt management, contributing significantly to its overall score. The valuation is attractive with a low P/E ratio and high dividend yield, making it appealing for value and income-focused investors. However, the technical analysis indicates a bearish trend, which could pose short-term challenges. The absence of earnings call and corporate events data means these factors do not influence the score.

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

More about Moneysupermarket.com

Average Trading Volume: 957,409

Technical Sentiment Signal: Sell

Current Market Cap: £1.01B

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

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