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MONY Group PLC Announces Share Repurchase and Cancellation

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MONY Group PLC Announces Share Repurchase and Cancellation

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

MONY Group PLC, a financial services company, announced the repurchase of 73,595 of its ordinary shares from Morgan Stanley & Co. International Plc on the London Stock Exchange and Multilateral Trading Facilities. The shares were bought at prices ranging from 202.8000 to 205.4000 pence, with a volume-weighted average price of 203.8145 pence per share. The company plans to cancel these shares, which could impact its share capital and potentially enhance shareholder value by reducing the number of shares outstanding.

More about Moneysupermarket.com

YTD Price Performance: 6.19%

Average Trading Volume: 1,461,626

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.11B

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

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