Moneysupermarket.com ( (GB:MONY) ) has issued an announcement.
MONY Group PLC, a financial services company, has announced the repurchase of 73,102 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities from Morgan Stanley & Co. International Plc. This transaction, executed under previously issued instructions, is part of MONY’s strategy to manage its capital structure, as the company intends to cancel the purchased shares, potentially impacting its share value and market perception.
More about Moneysupermarket.com
YTD Price Performance: 7.55%
Average Trading Volume: 1,493,055
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £1.11B
For a thorough assessment of MONY stock, go to TipRanks’ Stock Analysis page.