Moonpig Group Plc (GB:MOON) has released an update.
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Moonpig Group plc has repurchased 28,758 of its ordinary shares at an average price of 251.6685 pence as part of its £25 million share buyback program. This transaction reduces the total number of shares in circulation to 344,753,620. Such buybacks are often seen as a move to enhance shareholder value and indicate confidence in the company’s financial health.
For further insights into GB:MOON stock, check out TipRanks’ Stock Analysis page.
