Pets at Home (GB:PETS) has released an update.
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Pets at Home Group Plc has executed a share buyback, purchasing 224,486 of its ordinary shares through HSBC at an average price of 283.1062 GBp per share. These shares will be cancelled, reducing the total shares in issue to 460,970,236, thereby affecting the company’s total voting rights. This move is part of the company’s strategy to manage its capital and potentially enhance shareholder value.
For further insights into GB:PETS stock, check out TipRanks’ Stock Analysis page.