Pets at Home (GB:PETS) has released an update.
Pets at Home Group Plc has executed a share buyback program, purchasing 115,383 of its ordinary shares at prices ranging from 300.4p to 306.4p per share, with an average price of 301.5818p. This move will see the purchased shares canceled, resulting in a total of 463,041,649 voting shares in circulation. The buyback reflects the company’s efforts to potentially increase shareholder value by reducing the number of outstanding shares.
For further insights into GB:PETS stock, check out TipRanks’ Stock Analysis page.
