MONY Group Continues Share Buyback With Cancellation of 113,553 Shares

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2026.04.28 16:13
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MONY Group PLC has repurchased 113,553 ordinary shares at an average price of 176.13 pence, with plans to cancel them, reinforcing its share buyback program. This move aims to enhance earnings per share and demonstrate confidence in its financial position. The buyback was executed through Morgan Stanley & Co. International Plc, reflecting a strategic capital management approach. Analysts rate MONY stock as a Buy with a £230.00 price target, citing strong financial performance despite some technical weaknesses.