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Moonpig Cancels Further Shares Under £30m Buyback Programme

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Moonpig Cancels Further Shares Under £30m Buyback Programme

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Moonpig Group Plc ( (GB:MOON) ) just unveiled an announcement.

Moonpig Group plc has bought back and cancelled 150,354 ordinary shares at an average price of 217.3131 pence as part of its up to £30m share repurchase programme. Following this transaction, the company’s share count with voting rights falls to 311,202,556, a move that marginally enhances earnings per share and may signal management’s confidence while providing a new reference denominator for regulatory disclosure thresholds.

The shares were repurchased on 2 March 2026 through broker RBC Europe Limited, with prices ranging between 215.00 pence and 219.00 pence. By continuing to execute on its buyback, Moonpig is actively managing its capital structure, which can support shareholder value and refine its equity base in a competitive online gifting and greeting cards market.

The most recent analyst rating on (GB:MOON) stock is a Buy with a £315.00 price target. To see the full list of analyst forecasts on Moonpig Group Plc stock, see the GB:MOON Stock Forecast page.

Spark’s Take on GB:MOON Stock

According to Spark, TipRanks’ AI Analyst, GB:MOON is a Neutral.

Moonpig Group Plc’s overall score is driven by positive technical indicators and strategic corporate actions, such as share buybacks and leadership changes. However, financial performance concerns, particularly around profitability and leverage, weigh heavily on the score. The valuation also suggests caution due to a negative P/E ratio.

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

More about Moonpig Group Plc

Moonpig Group plc is a leading online greeting cards and gifting platform operating the Moonpig, Red Letter Days and Buyagift brands in the UK and the Greetz brand in the Netherlands. The group offers a wide range of personalised cards, curated gifts and next-day delivery through proprietary technology platforms and apps that use data science to enhance and scale the customer experience.

Average Trading Volume: 888,016

Technical Sentiment Signal: Buy

Current Market Cap: £669.6M

For detailed information about MOON stock, go to TipRanks’ Stock Analysis page.

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