MONY Group PLC Share Repurchase Programme

Summary by AI BETAClose X

MONY Group PLC has announced a share repurchase programme of its ordinary shares with a maximum consideration of £25 million, commencing on 23 February 2026 and concluding no later than 18 September 2026. This initiative reflects the company's commitment to sustainable shareholder returns alongside investments in growth. Purchases will be executed by Morgan Stanley & Co. International Plc, acting as riskless principal, in accordance with relevant regulations, and any repurchased shares will be cancelled to the extent permitted by law.

Disclaimer*

Mony Group PLC
23 February 2026
 

 

 

23 February 2026

For immediate release

 

MONY Group PLC

Share Repurchase Programme

 

 

 

 

MONY Group PLC ("MONY") today announces that it will commence a share repurchase programme of its ordinary shares of 0.02 pence each (the "Ordinary Shares") up to a maximum consideration of £25 million (the "Programme").

 

MONY announces that it has entered into an instruction to Morgan Stanley & Co. International Plc ("Morgan Stanley") in relation to the purchase by Morgan Stanley, acting as riskless principal during the period commencing on 23 February 2026 and ending no later than 18 September 2026, of ordinary shares in the share capital of MONY (the "Shares") for an aggregate purchase price of no greater than £25 million and the simultaneous on-sale of such Shares by Morgan Stanley to MONY.

 

The Programme reflects MONY's ongoing commitment to sustainable shareholder returns, in addition to investment in organic and acquisitive growth, as a path to creating long-term, sustainable shareholder value.

 

Any purchase of Ordinary Shares done in relation to this announcement will be executed in accordance with the relevant regulations (including but not limited to the Listing Rules and MONY's general authority to make market purchases of Shares.). The shares will be purchased in accordance with the price and volume conditions set out in the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the conditions applicable to buyback programmes and stabilisation measures as implemented, retained, amended, extended, re-enacted or otherwise given effect in the United Kingdom from 1 January 2021 and as amended or supplemented in the United Kingdom thereafter. MONY will announce any market repurchase of Ordinary Shares no later than 7.30 a.m. on the business day following the calendar day on which the repurchase occurred. To the extent permitted by law, Ordinary Shares purchased under the Programme will be cancelled.

 

 

For further information, please contact:

 

Investors;




Niall McBride, Chief Financial Officer

0203 826 4688

Jennifer Cooke, Head of Investor Relations

0203 846 2034



Media:


William Clutterbuck, H/Advisors Maitland

07785 292617

 

 

 

 

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100