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MONY Group PLC Repurchases and Cancels Own Shares

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MONY Group PLC Repurchases and Cancels Own Shares

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

MONY Group PLC operates within the financial sector, focusing on managing its securities and investments. Recently, the company announced the repurchase of 63,710 of its ordinary shares from Morgan Stanley & Co. International Plc at prices between 199.4000 and 202.4000 pence per share. This move is part of MONY’s efforts to manage its capital structure effectively. The repurchased shares are intended to be canceled, potentially impacting the company’s outstanding share count and shareholder value.

More about Moneysupermarket.com

YTD Price Performance: 4.11%

Average Trading Volume: 1,080,178

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £1.07B

Learn more about MONY stock on TipRanks’ Stock Analysis page.

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