Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
The latest announcement is out from Moonpig Group Plc ( (GB:MOON) ).
Moonpig Group plc announced the repurchase and cancellation of 126,000 of its ordinary shares as part of its £25 million share repurchase program. The transaction, executed on April 1, 2025, was facilitated by J.P. Morgan Securities plc, with an average share price of 211.7275 pence. This move reduces the total number of ordinary shares in issue to 335,926,386, which stakeholders can use as a reference for disclosure and transparency obligations. The share buyback is a strategic decision aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.
More about Moonpig Group Plc
Moonpig Group plc is a leading online platform for greeting cards and gifting, operating under the Moonpig, Red Letter Days, and Buyagift brands in the UK, and the Greetz brand in the Netherlands. The company is the market leader in online cards in both regions and also leads in gift experiences in the UK. It offers a wide range of cards and gifts, personalization features, and next-day delivery, leveraging proprietary technology and data science to enhance customer experience and scalability.
YTD Price Performance: 1.15%
Average Trading Volume: 1,312,564
Technical Sentiment Signal: Hold
Current Market Cap: £706M
See more data about MOON stock on TipRanks’ Stock Analysis page.