tiprankstipranks
Company Announcements

MONY Group PLC Executes Share Buyback Strategy

Story Highlights
MONY Group PLC Executes Share Buyback Strategy

Moneysupermarket.com ( (GB:MONY) ) has provided an update.

MONY Group PLC, a financial services company, has announced the repurchase of 75,326 of its ordinary shares from Morgan Stanley & Co. International Plc on the London Stock Exchange and Multilateral Trading Facilities. The shares were bought at prices ranging from 196.9000 pence to 201.8000 pence, with a volume-weighted average price of 198.9275 pence. This transaction is part of MONY’s strategy to manage its share capital, as the company intends to cancel the repurchased shares, potentially impacting its share value and market positioning.

More about Moneysupermarket.com

YTD Price Performance: 4.63%

Average Trading Volume: 1,268,240

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.08B

See more data about MONY stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1