MONY Group Buys Back and Cancels 112,955 Shares in Capital Management Move

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2026.05.06 16:17
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MONY Group PLC has repurchased 112,955 ordinary shares at prices between 175.10 pence and 179.35 pence, with an average price of 177.06 pence. This buyback, part of its capital management strategy, will lead to the cancellation of these shares, reducing share capital and potentially enhancing earnings per share for remaining investors. The latest analyst rating for MONY stock is a Buy with a price target of £2.15, reflecting strong financial performance despite some technical weaknesses.