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Pebble Group Executes Share Buyback to Optimize Capital Structure
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Pebble Group Executes Share Buyback to Optimize Capital Structure

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Pebble Group PLC ( (GB:PEBB) ) has shared an announcement.

The Pebble Group PLC has announced the repurchase of 109,670 of its ordinary shares from its corporate broker Panmure Liberum Limited under its amended share buyback program. The shares were bought at a price of 0.450 GBP each and are intended to be canceled, reducing the total number of voting rights in the company to 165,585,340. This move could impact shareholders’ interests and aligns with the company’s strategy to manage its share capital effectively.

More about Pebble Group PLC

YTD Price Performance: -24.22%

Average Trading Volume: 785,235

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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