Pets at Home Cancels 70,000 Shares as Buyback Programme Progresses

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

Pets at Home Group has continued executing its previously announced share buyback programme, repurchasing 70,000 ordinary shares on 13 February 2026 at prices ranging from 216.20p to 222.40p, with a volume-weighted average price of 219.66p. The company said the repurchased shares will be cancelled, reducing the number of ordinary shares in issue to 448,886,594 and setting the same figure as the total voting rights, a change relevant for investors monitoring disclosure thresholds under U.K. 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 Plc is a U.K.-based specialist pet care retailer and services provider, offering pet food, accessories, veterinary and grooming services through an integrated retail and clinical network. The company targets pet owners nationwide, combining in-store, online and veterinary operations in a vertically integrated model focused on the growing pet care market.

Average Trading Volume: 789,758

Technical Sentiment Signal: Hold

Current Market Cap: £974.1M

Learn more about PETS stock on TipRanks’ Stock Analysis page.