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IN BRIEF: Pets At Home starts second tranche of £25 million buyback

ALN

Pets At Home Group PLC - Cheshire, England-based operator of 450 pet care centres and 440 veterinary practices - Starts on Monday the second tranche of its £25 million share buyback. The first tranche worth £12.5 million started in June and was completed late last month. The second tranche, also worth £12.5 million, will be completed by March 26 next year. The first tranche was run by Deutsche Numis, while the second will be run by Jefferies, as previously announced. All repurchased shares will be cancelled.

Current stock price: 211.00 pence, up 1.4% in London on Monday

12-month change: down 32%

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