By Christian Moess LaursenPets at Home said Thursday that it will launch a 50 million pound ($61.8 million) share buyback program for the current fiscal year. The U.K. pet-care company said it is able to launch the 12-month buyback program as a result of a robust balance sheet with net cash of GBP54.7 million.

Source: Wall Street Journal May 25, 2023 17:14 UTC