Moonpig Group Plc ( (GB:MOON) ) has issued an announcement.
Moonpig Group plc has executed a share repurchase, buying back 133,000 of its ordinary shares as part of a £25 million share repurchase program. This transaction, facilitated by J.P. Morgan Securities plc, reduces the total number of shares in issue to 336,779,728, which stakeholders can use for disclosure and transparency calculations. This move reflects the company’s strategic financial management and could potentially impact shareholder value and market perception.
More about Moonpig Group Plc
Moonpig Group plc is a leading online platform specializing in 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 a wide range of products with personalization options and next-day delivery, supported by proprietary technology and data science capabilities.
YTD Price Performance: -5.30%
Average Trading Volume: 1,272,271
Technical Sentiment Signal: Buy
Current Market Cap: £671.8M
For detailed information about MOON stock, go to TipRanks’ Stock Analysis page.