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An announcement from Playtech ( (GB:PTEC) ) is now available.
Playtech plc has announced the purchase of 139,000 ordinary shares on the London Stock Exchange as part of its £43.7 million share buyback program. The shares, acquired at an average price of £3.4230, are being transferred to the company’s Employee Benefit Trust to fund employee share schemes. This move does not alter the total number of shares in issue or voting rights, maintaining the count at 309,294,243. The share buyback program, which began on 25 September 2025, aims to support shareholder value and employee incentives, reflecting Playtech’s strategic focus on enhancing its market position and stakeholder engagement.
The most recent analyst rating on (GB:PTEC) stock is a Hold with a £389.00 price target. To see the full list of analyst forecasts on Playtech stock, see the GB:PTEC Stock Forecast page.
Spark’s Take on GB:PTEC Stock
According to Spark, TipRanks’ AI Analyst, GB:PTEC is a Neutral.
Playtech’s overall score is driven by its strong financial performance and reasonable valuation. However, bearish technical indicators and revenue challenges weigh on the score. The company’s strategic focus on high-growth markets and positive EBITDA guidance provide a cautiously optimistic outlook.
To see Spark’s full report on GB:PTEC stock, click here.
More about Playtech
Playtech, founded in 1999 and listed on the London Stock Exchange, is a leading technology company in the gambling industry. It offers business intelligence-driven gambling software, services, content, and platform technology across popular product verticals such as casino, live casino, sports betting, bingo, and poker. Playtech is known for its omni-channel gambling technology, Playtech ONE, which integrates data-driven marketing, single wallet functionality, CRM, and responsible gambling solutions across retail and online platforms. The company partners with leading brands in regulated and newly regulated markets, providing B2B technology solutions to online and retail operators, land-based casino groups, and government-sponsored entities like lotteries.
Average Trading Volume: 794,847
Technical Sentiment Signal: Buy
Current Market Cap: £1.03B
For a thorough assessment of PTEC stock, go to TipRanks’ Stock Analysis page.