tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Playtech Advances £43.7m Buyback, Channels Shares to Employee Schemes

Story Highlights
  • Playtech is a leading London-listed gambling technology provider offering omni-channel platforms and services.
  • The company bought 410,816 shares under its £43.7m buyback, transferring them to an employee trust without changing voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Playtech Advances £43.7m Buyback, Channels Shares to Employee Schemes

Claim 70% Off TipRanks This Holiday Season

Playtech ( (GB:PTEC) ) has issued an announcement.

Playtech plc has continued executing its approximately £43.7 million share buyback programme, purchasing 410,816 ordinary shares on 19 December 2025 at a volume-weighted average price of £2.8346. The shares acquired to date under the programme, now totalling 14,075,033, are being transferred to the company’s Employee Benefit Trust at nil consideration to satisfy current and future awards under its employee share schemes, leaving the total number of shares in issue and voting rights unchanged at 309,294,243; this structure supports staff incentivisation and capital management without altering existing shareholders’ voting stakes.

The most recent analyst rating on (GB:PTEC) stock is a Sell with a £215.00 price target. To see the full list of analyst forecasts on Playtech stock, see the GB:PTEC Stock Forecast page.

Spark’s Take on GB:PTEC Stock

According to Spark, TipRanks’ AI Analyst, GB:PTEC is a Outperform.

Playtech’s overall stock score is driven by its strong valuation and positive corporate events, which enhance shareholder value. While financial performance shows potential, challenges in revenue growth and profitability need addressing. Technical indicators are favorable, supporting a positive outlook, but caution is advised due to potential overbought conditions.

To see Spark’s full report on GB:PTEC stock, click here.

More about Playtech

Playtech plc, founded in 1999 and listed on the Main Market of the London Stock Exchange, is a leading technology provider to the global gambling industry, employing over 7,400 people across 20 countries. The company delivers business-intelligence-driven gambling software, services, content and platform technology across key product verticals including casino, live casino, sports betting, bingo and poker, and is known for its omni-channel Playtech ONE platform, which offers integrated data-driven marketing, single-wallet functionality, CRM and responsible gambling tools for both retail and online operators in regulated and newly regulated markets.

Average Trading Volume: 1,433,847

Technical Sentiment Signal: Hold

Current Market Cap: £855.5M

For detailed information about PTEC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1