Pebble Group Executes Share Buyback and Cancels Shares

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

Pebble Group PLC has executed a share buyback transaction, purchasing 145,685 of its ordinary shares at a price of 0.338 GBP per share. This move is part of its amended share buyback programme announced in December 2024. The company plans to cancel all repurchased shares, which will result in a total of 159,520,446 ordinary shares in issue, each with one voting right. This adjustment in share capital is significant for shareholders as it affects the total voting rights and may influence their interest calculations under regulatory guidelines.

The most recent analyst rating on (GB:PEBB) stock is a Buy with a £150.00 price target. To see the full list of analyst forecasts on Pebble Group PLC stock, see the GB:PEBB Stock Forecast page.

Spark’s Take on GB:PEBB Stock

According to Spark, TipRanks’ AI Analyst, GB:PEBB is a Neutral.

Pebble Group PLC’s overall score is driven primarily by its strong financial stability and attractive valuation. However, bearish technical indicators suggest potential challenges in the short term. Corporate events such as share buybacks and insider purchases provide a positive signal, indicating confidence in the company’s future performance.

To see Spark’s full report on GB:PEBB stock, click here.

More about Pebble Group PLC

Average Trading Volume: 332,458

Technical Sentiment Signal: Sell

Current Market Cap: £54.18M

Find detailed analytics on PEBB stock on TipRanks’ Stock Analysis page.