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The latest update is out from Moonpig Group Plc ( (GB:MOON) ).
Moonpig Group plc has executed a share repurchase program, buying back 130,200 of its ordinary shares for cancellation at an average price of 202.7895 pence per share. This transaction is part of a previously announced £25 million share repurchase initiative, aimed at optimizing the company’s capital structure. The repurchase reduces the total number of shares in issue to 337,818,845, which may affect shareholder calculations under the Disclosure and Transparency Rules.
More about Moonpig Group Plc
Moonpig Group plc is a leading online greeting cards and gifting platform, operating under the Moonpig, Red Letter Days, and Buyagift brands in the UK, and the Greetz brand in the Netherlands. It is the market leader in online cards and gift experiences in its markets, offering a wide range of cards, gifts, personalization features, and next-day delivery through its proprietary technology platforms and apps.
YTD Price Performance: -5.21%
Average Trading Volume: 1,285,116
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £674.5M
For detailed information about MOON stock, go to TipRanks’ Stock Analysis page.