Domino’s completes first chunk of £80m share buyback programme
It reported a 27.7% jump in underlying profit before tax during the results.
The UK operator of Domino’s Pizza announced it has finished the first part of its £80 million share buyback programme as profits continue to soar due to pandemic-induced demand for takeaway.
In an update, Domino's Pizza Group said 11,762,066 ordinary shares were repurchased between March 9 and September 13 for its initial £45 million share buyback.
Last month, the group expanded the programme with an additional £35 million, which they are now executing.
Domino's Pizza Group reported a 27.7% jump in underlying profit before tax for the six months ended June 27.