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Pets at Home Executes Share Buyback Program

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Pets at Home Executes Share Buyback Program

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Pets at Home ( (GB:PETS) ) has issued an announcement.

Pets at Home Group Plc has executed a share buyback program, purchasing 69,122 of its ordinary shares at prices ranging from 207.80 GBp to 210.40 GBp. These shares will be cancelled, reducing the total number of shares in issue to 452,736,143, which will affect the total voting rights and potentially influence shareholder interests.

The most recent analyst rating on (GB:PETS) stock is a Buy with a £243.00 price target. To see the full list of analyst forecasts on Pets at Home stock, see the GB:PETS Stock Forecast page.

Spark’s Take on GB:PETS Stock

According to Spark, TipRanks’ AI Analyst, GB:PETS is a Outperform.

Pets at Home shows strong financial performance with consistent revenue growth and effective cash flow management. The technical indicators suggest a neutral trend, while the valuation is attractive with a reasonable P/E ratio and high dividend yield. The absence of earnings call and corporate events data does not impact the score.

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

More about Pets at Home

Pets at Home Group Plc operates in the pet care industry, offering a range of products and services for pet owners. The company focuses on providing pet food, accessories, and veterinary services, catering to the needs of pet owners across the UK.

Average Trading Volume: 1,015,176

Technical Sentiment Signal: Strong Sell

Current Market Cap: £933.9M

For detailed information about PETS stock, go to TipRanks’ Stock Analysis page.

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