24th Jun 2026 10:26
Pets At Home Group PLC - Cheshire, England-based operator of 450 pet supply stores and 440 veterinary practices - Commences its GBP50 million buyback scheme, with the programme being undertaken in two separate tranches. Says Deutsche Bank AG will conduct the first tranche, worth up to GBP25 million, on the company's behalf, with it set to end before October 9. Notes the sole purpose of the scheme is to lower its share capital, with shares purchased to be cancelled. The company initially proposed the buyback at its full-year results at the end of May.
Current stock price: 173.40 pence, up 0.9% on Wednesday in London
12-month change: down 33%
By Christopher Ward, Alliance News reporter
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