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Moonpig Group Executes Share Repurchase for Capital Optimization
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Moonpig Group Executes Share Repurchase for Capital Optimization

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Invest with Confidence:

Moonpig Group Plc ( (GB:MOON) ) has shared an update.

Moonpig Group plc has conducted a share repurchase transaction as part of its £25 million share buyback program, purchasing 115,630 ordinary shares for cancellation on January 23, 2025. This move is likely aimed at optimizing the company’s capital structure and potentially enhancing shareholder value. Following the transaction, the total number of ordinary shares in issue stands at 341,666,231, a figure relevant for shareholders to determine their interest notifications under regulatory requirements.

More about Moonpig Group Plc

Moonpig Group plc is a prominent online platform specializing in greeting cards and gifting. It encompasses brands such as Moonpig, Red Letter Days, and Buyagift in the UK, and Greetz in the Netherlands, establishing itself as a market leader in online cards and gift experiences.

YTD Price Performance: -0.24%

Average Trading Volume: 1,306,791

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £721.7M

For an in-depth examination of MOON stock, go to TipRanks’ Stock Analysis page.

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