Moonpig Group Plc (GB:MOON) has released an update.
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Moonpig Group Plc has repurchased 30,000 of its own shares as part of a £25 million share buyback program, with an average price of 249.1051 pence per share. This move reduces the total number of shares in circulation to 344,429,624, potentially impacting shareholder calculations under disclosure rules. The initiative is part of Moonpig’s strategy to optimize shareholder value and manage its capital structure effectively.
For further insights into GB:MOON stock, check out TipRanks’ Stock Analysis page.
