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Pets at home ((GB: pets)) have just presented an announcement.
Pets at Home Group PLC carried out a share buyback program and bought 70,000 of its regular shares over German Numis to an average -weighted average price of 225.8220 GBP per share. The acquired shares are canceled, which reduces the total number of shares reduced in the issue in the issue to 455,991,054 expenses, which will also adapt the overall voting rights in the company. This step is part of the company's strategy to manage its capital structure and improve the shareholder value.
The latest analyst rating for (GB: Pets) -Til is a stop with a price target of 2.60 GBP. To see the full list of analyst forecasts for pets at home, see GB: Pets Stock side.
Spark's attitude to GB: pet stock
According to Spark, Tiprank's Ki -Analyst GB: Pets is an outperform.
Pets for the total value of pets are powered by a strong financial performance and attractive evaluation, which are compensated for by the bearish technical indicators. The Active share buyback program continues to support the shareholder value and, despite the current challenges of the market motif, make it a potentially appealing investment.
To see Spark's complete report on GB: Pets shares, Click here.
More about pets at home
Pets at Home Group PLC works in the PET Care industry and offers a wide range of products and services for pet owners. The company focuses on the provision of pet food, accessories and veterinary services and is aimed at the needs of pet enthusiasts across Great Britain.
Average trading volume: 851.452
Technical mood signal: Strong sale
Current market capitalization: £ 1.02b
Search for detailed analyzes of pets Side of Tipranks from stock analysis.
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