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Pebble Group Amends Share Buyback Programme Amid Market Constraints
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Pebble Group Amends Share Buyback Programme Amid Market Constraints

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Pebble Group PLC ( (GB:PEBB) ) just unveiled an announcement.

The Pebble Group has announced an amendment to its share buyback programme due to the illiquidity of its ordinary shares, which has previously constrained purchasing within an efficient timeframe. The revised programme, managed by Panmure Liberum, aims to reduce the company’s issued share capital and is expected to exceed 25% of the average daily traded volume on the London Stock Exchange, potentially impacting market dynamics.

More about Pebble Group PLC

The Pebble Group PLC is a prominent entity in the digital commerce sector, focusing on products and related services within the global promotional products industry.

YTD Price Performance: -24.22%

Average Trading Volume: 781,987

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £74.4M

For a thorough assessment of PEBB stock, go to TipRanks’ Stock Analysis page.

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