Pandora's Buyback Program Halt Shouldn't Surprise -- Market Talk

Dow Jones

02/05

0807 GMT - Pandora's decision to halt buyback programs for now doesn't seem particularly surprising, Citi analysts Thomas Chauvet and Alberto Cecchetto write in a research note. The Danish jeweler is navigating uncertainty around the prices of silver and has unveiled a new strategy to introduce platinum-plated pieces. The company intends to resume its share buyback programs once the plan to transition to this new material is further progressed. Coupled with the current product transition, the company is also facing pressure on profits and cash flow, the analysts say. The stock is up 3.5%. (andrea.figueras@wsj.com)

(END) Dow Jones Newswires

February 05, 2026 03:08 ET (08:08 GMT)

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