3 November 2025
Moonpig Group plc (the "Group")
Completion of Share Buyback Programme
The Group announces that it has completed the H1 FY26 Share Buyback Programme
(the 'Buyback Programme'), announced on 3 April 2025
to repurchase up to £30
million of its ordinary shares for cancellation.
J.P. Morgan Securities plc, who undertook the first instalment of the Buyback
Programme on the Group's behalf (as
announced on 2 May 2025), repurchased 13,436,872 shares for an aggregate
consideration of c.£30 million, excluding stamp duty and expenses.
The Group has announced its intention to conduct up to £60 million of share
buybacks in FY26, including the H1 FY26 Buyback Programme. This is in addition
to the 820,000 shares purchased by the Moonpig Group plc Employee Benefit
Trust for aggregate consideration of c.£1.8 million, excluding stamp duty and
expenses, announced on 30 June 2025.
For further information please contact:
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/
.
Copyright (c) 2025 PR Newswire Association,LLC. All Rights Reserved