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IN BRIEF: Domino’s Pizza Group starts share buyback; keeps guidance

ALN

Domino’s Pizza Group PLC - Milton Keynes, England-based master franchise holder in the UK and Ireland for pizza delivery firm Domino’s Pizza Inc - Starts £20 million share buyback on Monday. The buyback will be run by brokers Panmure Liberum Ltd and is given no specific end date, but the company says it will be reviewed later in the year.

Domino’s Pizza says its expectations for 2025 remain unchanged from the time of its interim results, except that it now expects higher year-end net debt. Early in August, the company lowered its annual guidance, citing ‘weak’ consumer confidence. It guided underlying earnings before interest, tax, depreciation, and amortisation of £130 million to £140 million. This would be down from £143.4 million in 2024. It also had guided year-end net debt of £260 million to £280 million but on Monday says it now expects this to be £280 million to £300 million.

Current stock price: 202.80 pence, up 3.8% in London on Monday

12-month change: down 33%

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