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Moonpig Group Executes Share Buyback Strategy

Moonpig Group Executes Share Buyback Strategy

Moonpig Group Plc (GB:MOON) has released an update.

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Moonpig Group Plc has repurchased 30,000 of its ordinary shares as part of a £25 million share buyback program, with shares bought at an average price of 251.1483 pence. Following this transaction, the company’s outstanding shares total 344,603,620. This move reflects Moonpig’s strategy to potentially enhance shareholder value and optimize its capital structure.

For further insights into GB:MOON stock, check out TipRanks’ Stock Analysis page.

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