MONY Group PLC Repurchases and Cancels Shares

Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Moneysupermarket.com ( (GB:MONY) ) has shared an announcement. MONY Group PLC, a company involved in financial transactions, announced the repurchase of 75,302 of its ordinary shares from Morgan Stanley & Co. International Plc on the London Stock Exchange and Multilateral Trading Facilities. The shares were bought at a volume weighted average price of 198.9700 pence per share, with the highest price paid being 200.4000 pence and the lowest 197.3000 pence. The company intends to cancel these shares, which could impact its share capital and potentially influence market perceptions of its stock value. The most recent analyst rating on (GB:MONY) stock is a Buy with a £2.80 price target. To see the full list of analyst forecasts on Moneysupermarket.com stock, see the GB:MONY Stock Forecast page. Spark’s Take on GB:MONY Stock According to Spark, TipRanks’ AI Analyst, GB:MONY is a Outperform. Moneysupermarket.com receives a score of 71, driven by robust financial performance and a strong valuation profile. The low technical analysis score reflects current market pressure, but positive corporate events support long-term value creation. To see Spark’s full report on GB:MONY stock, click here. More about Moneysupermarket.com Average Trading Volume: 1,012,811 Technical Sentiment Signal: Sell Current Market Cap: £1.06B For a thorough assessment of MONY stock, go to TipRanks’ Stock Analysis page. Trending Articles:‘Great Expectations,’ Says Top Investor About Palantir Stock Warner Bros Discovery Stock (NASDAQ:WBD) Slides After Classic Cartoon Purge Ford Stock (NYSE:F) Slides on New Sales NumbersDisclaimer & DisclosureReport an Issue