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Moonpig Group Executes Share Repurchase, Reducing Share Count

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Moonpig Group Executes Share Repurchase, Reducing Share Count

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

Moonpig Group plc has executed a share repurchase transaction, buying back 119,103 of its ordinary shares as part of a £30 million share repurchase program. This move reduces the total number of shares with voting rights to 315,840,141, potentially impacting shareholder calculations under the Disclosure and Transparency Rules.

The most recent analyst rating on (GB:MOON) stock is a Buy with a £315.00 price target. To see the full list of analyst forecasts on Moonpig Group Plc stock, see the GB:MOON Stock Forecast page.

Spark’s Take on GB:MOON Stock

According to Spark, TipRanks’ AI Analyst, GB:MOON is a Neutral.

Moonpig Group Plc’s overall score is primarily impacted by its financial performance challenges, including high leverage and negative profitability. Technical indicators provide some positive signals, but valuation metrics are unattractive due to the negative P/E ratio. The absence of recent earnings call data and corporate events limits further insights.

To see Spark’s full report on GB:MOON stock, click here.

More about Moonpig Group Plc

Moonpig Group plc is a leading online platform specializing in greeting cards and gifting, operating under the Moonpig, Red Letter Days, and Buyagift brands in the UK, and the Greetz brand in the Netherlands. The Group is the market leader in online cards and gift experiences in its regions, offering a wide range of products with personalization features and next-day delivery through its proprietary technology platforms.

Average Trading Volume: 1,130,472

Technical Sentiment Signal: Buy

Current Market Cap: £668.5M

See more insights into MOON stock on TipRanks’ Stock Analysis page.

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