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Moonpig Group Announces Share Repurchase and Cancellation

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Moonpig Group Announces Share Repurchase and Cancellation

Moonpig Group Plc ( (GB:MOON) ) has issued an announcement.

Moonpig Group plc has announced the repurchase and cancellation of 127,000 of its ordinary shares as part of a £25 million share repurchase program. This transaction, executed on April 10, 2025, at an average price of 217.7312 pence per share, reduces the total number of shares in issue to 335,193,407. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

Spark’s Take on GB:MOON Stock

According to Spark, TipRanks’ AI Analyst, GB:MOON is a Neutral.

Moonpig Group Plc’s stock score is driven by strong cash flow performance and strategic share buybacks, although the high debt levels and poor valuation metrics pose risks. The stock shows moderate momentum but lacks full technical indicators for a comprehensive analysis. Continued focus on financial stability and operational improvements will be essential.

To see Spark’s full report on GB:MOON stock, click here.

More about Moonpig Group Plc

Moonpig Group plc is a leading online greeting cards and gifting platform, operating under brands such as Moonpig, Red Letter Days, and Buyagift in the UK, and Greetz in the Netherlands. The company is the market leader in online cards and gift experiences in its markets, offering a wide range of cards, gifts, personalization features, and next-day delivery through its proprietary technology platforms and apps.

YTD Price Performance: -0.98%

Average Trading Volume: 1,388,646

Technical Sentiment Signal: Buy

Current Market Cap: £699.4M

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

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