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Playtech ( (GB:PTEC) ) has issued an update.
Playtech plc announced the purchase of 1,596 ordinary shares as part of its £43.7 million share buyback program, initiated on September 25, 2025. The purchased shares are transferred to the company’s Employee Benefit Trust to fund awards under its employee share schemes, ensuring the total number of shares in issue and voting rights remain unchanged. This strategic move is part of Playtech’s ongoing efforts to strengthen its market position and enhance shareholder value.
The most recent analyst rating on (GB:PTEC) stock is a Hold with a £240.00 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 Neutral.
Playtech’s overall stock score is driven by its mixed financial performance and undervaluation. While the company shows potential with strategic growth initiatives and a strong cash position, technical indicators highlight bearish momentum, and revenue challenges persist. The earnings call provides a cautiously optimistic outlook, but risks in emerging markets and revenue declines need to be addressed.
To see Spark’s full report on GB:PTEC stock, click here.
More about Playtech
Founded in 1999 and listed on the Main Market of the London Stock Exchange, Playtech is a leading technology company in the gambling industry. It provides business intelligence-driven gambling software, services, content, and platform technology across various product verticals, including casino, live casino, sports betting, bingo, and poker. Playtech is known for its omni-channel gambling technology, Playtech ONE, which integrates data-driven marketing, single wallet functionality, CRM, and responsible gambling solutions across retail and online platforms. The company partners with leading brands in regulated and newly regulated markets, offering its technology on a B2B basis to online and retail operators, land-based casino groups, and government-sponsored entities like lotteries.
Average Trading Volume: 1,451,105
Technical Sentiment Signal: Hold
Current Market Cap: £778.2M
See more data about PTEC stock on TipRanks’ Stock Analysis page.