ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

MOON Moonpig Group Plc

266.50
2.00 (0.76%)
Last Updated: 09:47:59
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Moonpig Group Plc LSE:MOON London Ordinary Share GB00BMT9K014 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.00 0.76% 266.50 266.00 266.50 268.00 263.00 265.00 244,039 09:47:59
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Offices-holdng Companies,nec 341.14M 34.17M 0.0991 26.94 912.27M

Moonpig Group Plc - Share Repurchase Programme

05/11/2024 7:00am

UK Regulatory


Moonpig (LSE:MOON)
Historical Stock Chart


From Oct 2024 to Dec 2024

Click Here for more Moonpig Charts.
Moonpig Group Plc - Share Repurchase Programme

PR Newswire

5 November 2024

Moonpig Group plc

 

Share Repurchase Programme

 

Moonpig Group plc (the "Company") announces that further to the announcement on 16 October 2024, it is today commencing a share buyback programme (the "Share Buyback Programme") to repurchase up to £25m of its ordinary shares (the "Shares").

 

The Share Buyback Programme will run from the date of this announcement until either 30 April 2025 or until notified by the Company. The Company's policy with respect to share buybacks is that it will only conduct share buybacks when they use excess capital and they are earnings enhancing.

 

The Share Buyback Programme will operate under the authority granted at the Company's 2024 Annual General Meeting, by which the Company was authorised to repurchase up to a maximum amount of 34,362,148 Shares (the "Share Buyback Authority"). The purpose of the Share Buyback Programme is to return excess capital to shareholders and reduce the capital of the Company. Shares bought back under the Share Buyback Programme are intended to be cancelled.

 

In order to implement the Share Buyback Programme, J.P. Morgan Securities plc ("JPMS plc") shall purchase ordinary shares as riskless principal (and not as agent of the Company) for the subsequent sale on to, and purchase by, the Company. JPMS plc will make its trading decisions in relation to the ordinary shares independently of, and uninfluenced by, the Company, and in accordance with certain pre-set parameters agreed with the Company. Any purchases of Ordinary Shares under the Share Buyback Programme will be carried out on the London Stock Exchange and in accordance with (and subject to the limits prescribed by) the Share Buyback Authority, Chapter 9 of the Financial Conduct Authority's Listing Rules, Article 5(1) of the Market Abuse Regulation (EU) No 596/2014 (as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended (the "Withdrawal Act")) and the Commission Delegated Regulation (EU) No 2016/1052 (as it forms part of domestic law by virtue of the Withdrawal Act).

 

 

Enquiries:

 

Moonpig Group

investors@moonpig.com, pressoffice@moonpig.com

Nickyl Raithatha, Chief Executive Officer

 

Andy MacKinnon, Chief Financial Officer

 

 

 

About Moonpig:

 

Moonpig Group plc (the "Group") is a leading online greeting cards and gifting platform, comprising the Moonpig, Red Letter Days and Buyagift brands in the UK and the Greetz brand in the Netherlands. The Group is the online market leader in cards in both of its markets and is also the UK market leader in gift experiences.

 

The Group's leading customer proposition includes an extensive range of cards, a curated range of gifts, personalisation features and next day delivery offering.

 

The Group offers its products through its proprietary technology platforms and apps, which utilise unique data science capabilities designed by the Group to optimise and personalise the customer experience and provide scalability. Learn more at https://www.moonpig.group/.

 




1 Year Moonpig Chart

1 Year Moonpig Chart

1 Month Moonpig Chart

1 Month Moonpig Chart

Your Recent History

Delayed Upgrade Clock