Domino's UK Investor Urges Quadruple Share Buyback Amid 10-Year Low Shares

Domino's Pizza Group has been urged to abandon takeover plans and quadruple its share buyback by a former director. The company's shares have hit a 10-year low due to weaker consumer demand and higher costs. The investor, Usman Nabi, recommends abandoning plans to acquire a secondary brand and focusing on returning the core business to growth. Nabi suggests pursuing a private equity partner if a multi-brand strategy is desired. Domino's has announced a £20m share buyback and will review the program later in the year.