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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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The latest update is out from Pets at Home ( (GB:PETS) ).

Pets at Home Group Plc has executed a share buyback program, purchasing 30,404 of its ordinary shares at prices ranging from 220.00 to 221.00 GBp per share. This move reduces the total number of shares in circulation to 451,965,554, potentially impacting shareholder voting rights and market perception of the company’s financial strategies.

The most recent analyst rating on (GB:PETS) stock is a Buy with a £230.00 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: 1,081,071

Technical Sentiment Signal: Sell

Current Market Cap: £987.9M

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

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