Pets at Home Cancels 70,000 Shares in Ongoing Buyback

The latest update is out from Pets at Home ( (GB:PETS) ).

Pets at Home Group has continued executing its previously announced share buyback programme, repurchasing 70,000 ordinary shares on 11 February 2026 at prices between 213.60p and 219.60p, with a volume-weighted average of 215.86p. The move forms part of the company’s capital management strategy and reflects an ongoing effort to return value to shareholders through market purchases.

All of the repurchased shares will be cancelled, reducing the company’s share count and leaving 449,026,594 ordinary shares in issue, with no treasury shares held. The updated share capital figure sets a new baseline for total voting rights, which investors and other stakeholders must now use when assessing 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 pet care retailer offering pet products, services and veterinary care. The company operates across retail stores and online channels, targeting pet owners with a broad range of supplies and health services in the domestic pet care market.

Average Trading Volume: 794,820

Technical Sentiment Signal: Sell

Current Market Cap: £955.2M

See more data about PETS stock on TipRanks’ Stock Analysis page.