Domino’s Pizza Group (LSE:DOM) saw its shares climb more than 4% on Monday after unveiling a £20 million share repurchase plan.
The initiative, which started immediately, aims to reduce the company’s share capital by acquiring up to 39,471,274 ordinary shares, each valued at 25/48 pence. All repurchased shares will be canceled.
The buyback will take place on the London Stock Exchange under authority granted by shareholders at Domino’s annual general meeting in April. This authorization remains valid until the company’s next AGM in 2026, or earlier on July 24, 2026.
Domino’s has appointed Panmure Liberum Limited to oversee the transactions, ensuring they remain within program parameters, including during trading blackout periods.
The company also confirmed that its guidance for fiscal year 2025 is largely unchanged, with the exception of projected year-end net debt, now expected to fall between £280 million and £300 million.
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