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MONY Group PLC Announces Share Buyback and Cancellation

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MONY Group PLC Announces Share Buyback and Cancellation

The latest update is out from Moneysupermarket.com ( (GB:MONY) ).

MONY Group PLC, a company operating in the financial sector, announced the purchase of 77,319 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities from Morgan Stanley & Co. International Plc. This transaction, executed under previously issued instructions, involved a volume-weighted average price of 194.0018 pence per share. The company plans to cancel the purchased shares, a move that could impact its share capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.

More about Moneysupermarket.com

YTD Price Performance: 1.72%

Average Trading Volume: 1,377,698

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.05B

Find detailed analytics on MONY stock on TipRanks’ Stock Analysis page.

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