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Pebble Group Executes Share Buyback to Enhance Shareholder Value
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Pebble Group Executes Share Buyback to Enhance Shareholder Value

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Invest with Confidence:

The latest update is out from Pebble Group PLC ( (GB:PEBB) ).

The Pebble Group PLC announced that it repurchased 118,553 of its ordinary shares at a price of 0.480 GBP per share as part of its amended share buyback programme. This action is in line with the company’s strategy to manage its capital effectively, and all repurchased shares will be canceled, leaving the company with a total of 164,072,616 ordinary shares in issue. The reduction in share count could potentially enhance shareholder value by increasing earnings per share.

More about Pebble Group PLC

YTD Price Performance: 4.40%

Average Trading Volume: 950,895

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £77.77M

See more data about PEBB stock on TipRanks’ Stock Analysis page.

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