, UK

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.

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