Moonpig Group PLC Announces Share Repurchase Transactions
Moonpig Group PLC, a leading online greeting card and gift platform operating under the brands Moonpig in the UK and Greetz in the Netherlands, has recently executed transactions as part of its share repurchase program. The company, listed on the London Stock Exchange, announced two separate transactions on May 16 and May 19, 2025, aimed at buying back its own shares.
On May 16, 2025, Moonpig Group PLC repurchased 94,100 ordinary shares, each valued at 10 pence, as part of its up to £30 million share repurchase program. The shares were purchased at an average price of 250.1421 pence, with the lowest price paid being 246.5000 pence and the highest at 251.5000 pence. The transaction was facilitated by J.P. Morgan Securities plc. Following this purchase, the total number of ordinary shares in issue was reduced to 332,582,168, excluding any Treasury shares.
A subsequent transaction occurred on May 19, 2025, where the company bought back 91,240 ordinary shares at an average price of 249.8680 pence. The lowest price paid per share was 246.5000 pence, and the highest was 252.5000 pence. This transaction further reduced the number of ordinary shares in issue to 332,490,928, with no ordinary shares held in Treasury.
These transactions are part of Moonpig Group PLC’s strategy to manage its share capital and provide value to its shareholders. The company holds no ordinary shares in Treasury following these transactions. Shareholders and others with notification obligations can use the updated figures of 332,490,928 as the denominator for calculations related to their interest in the company under the Disclosure and Transparency Rules.
Moonpig Group PLC, with a market capitalization of 816.94 million GBP, operates in the Consumer Discretionary sector. Despite a negative price-to-earnings ratio of -44.39, the company continues to focus on its core business of offering a wide range of cards, gifts, personalization features, and next-day delivery services. For more information, stakeholders can visit their website at www.moonpig.com .
In other news, Moonpig, a community-driven meme cryptocurrency on the Solana blockchain, is gaining attention. However, this development is separate from the financial activities of Moonpig Group PLC.