Moneysupermarket.com ( (GB:MONY) ) has provided an update.
MONY Group PLC, a financial services company, announced the repurchase of 74,933 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 198.5 to 202 pence, with a volume-weighted average price of 200.1629 pence per share. The company plans to cancel these shares, which may impact its share capital structure and potentially increase the value of remaining shares, reflecting a strategic move to optimize shareholder value.
More about Moneysupermarket.com
YTD Price Performance: 4.53%
Average Trading Volume: 1,548,349
Technical Sentiment Signal: Buy
Current Market Cap: £1.07B
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