Moonpig Group Plc (GB:MOON) has released an update.
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Moonpig Group Plc has repurchased 30,000 of its own ordinary shares as part of its £25 million share buyback program, with prices ranging from 247 to 251 pence per share. This move reduces the total number of shares in issue to 344,633,620, potentially impacting shareholder calculations under disclosure rules. Moonpig’s strategic repurchase demonstrates a commitment to enhancing shareholder value in the competitive online greeting card and gifting market.
For further insights into GB:MOON stock, check out TipRanks’ Stock Analysis page.
