Mony Group PLC Conducts Significant Share Buyback and Announces Cancellation Plan

Mony Group PLC, a prominent player in the financial sector, has made headlines with a major move in the share market. On 17 April 2025, the company announced a significant purchase of its own ordinary shares, 0.02 pence each, from the London Stock Exchange and Multilateral Trading Facilities via Morgan Stanley & Co. International Plc.

This glorious endeavour marks the execution of orders issued by Mony Group back on 14 February 2025, an operation that was publically announced three days later. The total number of ordinary shares purchased in the process tally up to a healthy 77,799. The expenditures for the procurement of these shares varied, with the highest price paid per share being 193.1000 pence, the lowest at 190.7000 pence and the volume-weighted average price paid per share standing at 192.0900 pence.

As much as the move welcomes applause, it also prompts curiosity among market spectators and investors alike. What prompts this cancel and buyback strategy? What implications does it have for share price and market position? While speculation abounds, it’s a move that certainly denotes confidence and resilience in a turbulent market landscape.

The company’s official announcement also clarifies that this purchase does not constitute or form part of an offer or any solicitation of an offer for securities in any jurisdiction. For more details regarding the individual trades, one can refer to the official statement issued by Mony Group and approved by the Financial Conduct Authority, the Primary Information Provider in the United Kingdom.