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Pets at Home Executes Share Buyback Program

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Pets at Home Executes Share Buyback Program

TipRanks Cyber Monday Sale

An update from Pets at Home ( (GB:PETS) ) is now available.

Pets at Home Group Plc has executed a share buyback program, purchasing 70,000 of its ordinary shares at prices ranging from 203.20 GBp to 208.40 GBp. These shares will be cancelled, reducing the total number of shares in issue to 452,386,143, which will impact the total voting rights and shareholder calculations under the FCA’s rules.

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: 1,023,073

Technical Sentiment Signal: Strong Sell

Current Market Cap: £905.5M

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

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