Pets at Home Group Plc has announced the purchase of 146,866 of its Ordinary Shares of £0.01 each through HSBC Bank PLC as part of its share buyback programme. The shares were bought at prices ranging from 281.0 GBp to 285.8 GBp, with a volume weighted average price of 283.5 GBp. Following the purchase, the remaining number of Ordinary Shares in issue will be 471,334,873 with no shares held in treasury, resulting in a total voting rights of 471,334,873.
The company stated that the purchased shares will be cancelled, and the total voting rights may be used by shareholders for notification obligations under the FCA's Disclosure Guidance and Transparency Rules. The detailed information of the individual trades made by HSBC Bank PLC as part of the Share Buyback Programme was also provided in the announcement.
The individual transactions included a range of shares purchased at different prices and times, all executed on the London Stock Exchange (LSE). The transactions ranged from 305 shares purchased at 281.4 GBp to 1 share purchased at 285.8 GBp. The transactions were executed at various times throughout the day, with the last transaction occurring at 10:32:02.
This announcement provides transparency regarding Pets at Home Group Plc's recent share buyback activities, offering insight into the company's efforts to manage its capital structure and return value to its shareholders.