Pets at Home Reduces Share Count with Buyback

Pets at Home (GB:PETS) has released an update.

Pets at Home Group Plc has announced the buyback of 104,905 of its ordinary shares, with prices ranging between 301.8 GBp and 308.2 GBp, as part of its ongoing share buyback program. This move effectively reduces the total number of shares in circulation to 462,742,301, potentially increasing shareholder value by improving earnings per share. Investors may find this strategic repurchase appealing as it reflects the company’s confidence in its own financial health and future prospects.

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