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Playtech ( (GB:PTEC) ) has provided an announcement.
Playtech plc announced the purchase of 140,000 ordinary shares as part of its £43.7 million share buyback program, initiated on September 25, 2025. The shares, acquired at an average price of £3.6523, will be transferred to the company’s Employee Benefit Trust to fund employee share schemes. This transaction does not alter the total number of shares in issue or voting rights, maintaining the figure at 309,294,243. This strategic move supports Playtech’s commitment to rewarding its employees while maintaining shareholder value, reflecting its robust market positioning in the gambling technology industry.
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 provides gambling software, services, content, and platform technology across various 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 markets to deliver its technology on a B2B basis to online and retail operators, land-based casino groups, and government-sponsored entities like lotteries.
Average Trading Volume: 747,784
Technical Sentiment Signal: Buy
Current Market Cap: £1.1B
For an in-depth examination of PTEC stock, go to TipRanks’ Overview page.