Moneysupermarket.com ( (GB:MONY) ) has shared an update.
MONY Group PLC, a company operating in the financial sector, announced the repurchase of 75,133 of its ordinary shares from Morgan Stanley & Co. International Plc. The shares were bought on the London Stock Exchange and Multilateral Trading Facilities at prices ranging from 194.2000 pence to 198.6000 pence, with a volume-weighted average price of 197.5858 pence. This move is part of MONY’s strategy to manage its capital structure, as the company intends to cancel the purchased shares, potentially impacting its share value and market perception.
More about Moneysupermarket.com
YTD Price Performance: 0.68%
Average Trading Volume: 1,442,244
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.04B
For a thorough assessment of MONY stock, go to TipRanks’ Stock Analysis page.