Moonpig Executes Share Buyback Program

An update from Moonpig Group Plc ( (GB:MOON) ) is now available.

Moonpig Group plc has executed a share repurchase program, buying back 91,417 ordinary shares at an average price of 247.7379 pence per share, as part of its £30 million buyback initiative. This transaction reduces the total number of shares in circulation to 331,141,856, potentially impacting shareholder calculations under the Disclosure and Transparency Rules.

The most recent analyst rating on (GB:MOON) stock is a Buy with a £230.00 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 stock score reflects strong cash flow performance and strategic share buybacks that help address high debt levels and negative equity. Positive market momentum and effective financial strategies support the stock, but poor valuation metrics and significant financial risks limit the score. Continued focus on capital structure improvement and operational efficiency will be essential for future performance.

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

More about Moonpig Group Plc

Moonpig Group plc is a leading online platform specializing in greeting cards and gifting, with brands such as Moonpig, Red Letter Days, and Buyagift in the UK, and Greetz in the Netherlands. The company is the market leader in online cards and gift experiences in the UK, offering a wide range of products with personalization features and next-day delivery through its proprietary technology platforms.

Average Trading Volume: 1,201,498

Technical Sentiment Signal: Strong Buy

Current Market Cap: £825.2M

For a thorough assessment of MOON stock, go to TipRanks’ Stock Analysis page.