Moonpig Group Plc (GB:MOON) has released an update.
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Moonpig Group Plc has initiated a share repurchase program, acquiring 30,000 shares at an average price of 248.71 pence, as part of its £25 million buyback plan. This move reduces the total number of Moonpig shares in circulation to 344,459,624. The strategic repurchase is aimed at enhancing shareholder value and optimizing the company’s capital structure.
For further insights into GB:MOON stock, check out TipRanks’ Stock Analysis page.
