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IN BRIEF: Pets at Home begin GBP25 million second tranche of buybacks

5th Oct 2022 10:45

Pets at Home Group PLC - Handforth, England-based pet supplies retailer - Begins second tranche of share buybacks worth GBP25 million. Buybacks will end on or before March 5, 2023. Says "sole purpose" of buybacks is to reduce its share capital. Any shares purchased under the programme will be cancelled. Buyback will be undertaken by HSBC Bank PLC. First tranche of the GBP50 million total, undertaken by Numis Securities Ltd, has been completed.

Current stock price: 275.20 pence, down 0.5% on Wednesday

12-month change: down 43%

By Chris Dorrell; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.

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