The British specialist retail group Pets at Home has initiated a GBP 25 million share buy-back programme due to a decline in sales growth. To reduce its share capital, Pets at Home has commissioned Numis Securities to execute the programme, which will occur in two phases, with the first phase ending on 27 September. Despite a 13.7% fall in pre-tax profits to GBP 105.7 million for the year ending 28 March 2024, the group’s total turnover increased by 5.2% to GBP 1.5 billion
Advertisement
