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Pets at Home Cancels 70,000 Shares After Latest Buyback

Story Highlights
  • Pets at Home repurchased 70,000 shares under its buyback programme at an average price of about 220p.
  • The cancelled shares cut total shares and voting rights to 448.7 million, affecting investor disclosure calculations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pets at Home Cancels 70,000 Shares After Latest Buyback

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Pets at Home ( (GB:PETS) ) has provided an update.

Pets at Home Group has repurchased 70,000 ordinary shares on 17 February 2026 under its ongoing share buyback programme, at prices ranging from 218.60p to 221.40p and a volume-weighted average price of 220.15p. The company will cancel the shares, reducing the total number of shares in issue to 448,746,594 and setting the same figure as its total voting rights, a change relevant for investors monitoring their disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:PETS) stock is a Sell with a £195.00 price target. To see the full list of analyst forecasts on Pets at Home stock, see the GB:PETS Stock Forecast page.

Spark’s Take on GB:PETS Stock

According to Spark, TipRanks’ AI Analyst, GB:PETS is a Outperform.

Pets at Home’s overall score reflects strong financial performance and attractive valuation, supported by a high dividend yield. The ongoing share buyback program is a positive corporate action, although recent retail challenges and a profit warning introduce some risk factors.

To see Spark’s full report on GB:PETS stock, click here.

More about Pets at Home

Pets at Home Group is a UK-based pet care retailer offering pet food, accessories, and veterinary and grooming services. The company focuses on serving pet owners across the UK through a combination of retail stores and related pet care operations, positioning itself as a leading player in the domestic pet products and services market.

Average Trading Volume: 791,295

Technical Sentiment Signal: Hold

Current Market Cap: £974.1M

For a thorough assessment of PETS stock, go to TipRanks’ Stock Analysis page.

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