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Playtech ( (GB:PTEC) ) has issued an update.
Playtech has completed its approximately £43.7 million (€50 million) share buyback programme, launched in September 2025, with the repurchase of 135,000 shares on 30 December at a volume-weighted average price of £2.8633, bringing total shares bought back under the programme to 15,329,836. All repurchased shares have been transferred to the company’s Employee Benefit Trust at no cost for use in funding future employee share awards, leaving the total shares in issue and voting rights unchanged at 309,294,243, a move that supports employee incentives without altering the company’s capital structure or shareholders’ voting power.
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, founded in 1999 and listed on the London Stock Exchange, is a leading technology provider to the global gambling industry, employing more than 7,400 people across 20 countries. The company supplies business intelligence-driven software, services, content and platform technology for major gambling verticals including casino, live casino, sports betting, bingo and poker, and is known for its omni-channel Playtech ONE platform, which offers single-wallet functionality, CRM and responsible gambling tools to online and retail operators, land-based casinos and government-backed lotteries in regulated and newly regulated markets.
Average Trading Volume: 1,448,383
Technical Sentiment Signal: Hold
Current Market Cap: £869.2M
For an in-depth examination of PTEC stock, go to TipRanks’ Overview page.