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Pets at Home Executes Share Buyback, Reduces Total Shares

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Pets at Home Executes Share Buyback, Reduces Total Shares

TipRanks Cyber Monday Sale

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

Pets at Home Group Plc has announced the purchase of 70,000 of its ordinary shares as part of its share buyback program, with prices ranging from 212.00 to 216.20 GBp. The purchased shares will be canceled, reducing the total number of shares in issue to 451,755,554, which will affect the total voting rights and may impact shareholder notifications under FCA rules.

The most recent analyst rating on (GB:PETS) stock is a Sell with a £190.00 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 retail industry, focusing on pet care products and services. The company offers a wide range of pet supplies, veterinary services, and grooming services, catering to pet owners across the UK.

Average Trading Volume: 1,075,611

Technical Sentiment Signal: Sell

Current Market Cap: £961M

See more data about PETS stock on TipRanks’ Stock Analysis page.

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