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Moonpig Group Executes Share Buyback Reducing Share Count

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Moonpig Group Executes Share Buyback Reducing Share Count

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The latest update is out from Moonpig Group Plc ( (GB:MOON) ).

Moonpig Group plc has repurchased 116,978 of its ordinary shares as part of a £25 million share buyback program, at an average price of 217.9557 pence per share. This transaction, facilitated by J.P. Morgan Securities plc, reduces the total number of ordinary shares in circulation to 340,155,162, allowing shareholders to adjust their holdings in compliance with disclosure regulations.

More about Moonpig Group Plc

Moonpig Group plc is a leading online platform for greeting cards and gifting, operating under brands such as Moonpig, Red Letter Days, and Buyagift in the UK, and Greetz in the Netherlands. The company is a market leader in online cards and gift experiences, offering an extensive range of products with personalization features and next-day delivery, supported by proprietary technology and data science capabilities.

YTD Price Performance: 2.84%

Average Trading Volume: 1,186,865

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £750.6M

For an in-depth examination of MOON stock, go to TipRanks’ Stock Analysis page.

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