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Moneysupermarket.com ( (GB:MONY) ) has provided an announcement.
Mony Group PLC, a financial services company, has announced the repurchase of 78,330 of its ordinary shares from Morgan Stanley & Co. International Plc. The shares were bought at a volume-weighted average price of 191.4200 pence per share. This transaction is part of a previously announced buyback program initiated in February 2025, and the company intends to cancel the repurchased shares. This move is likely aimed at reducing the number of shares outstanding, potentially increasing the value of remaining shares and improving shareholder value.
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 is in a strong financial position with effective management of resources and risks, contributing significantly to its overall score. The attractive valuation with a low P/E ratio and high dividend yield further supports the stock’s appeal. However, mixed technical indicators suggest potential short-term weakness, which slightly offsets the positive financial and valuation aspects.
To see Spark’s full report on GB:MONY stock, click here.
More about Moneysupermarket.com
Average Trading Volume: 1,028,098
Technical Sentiment Signal: Sell
Current Market Cap: £1.01B
For an in-depth examination of MONY stock, go to TipRanks’ Overview page.