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Pets at Home Cancels 70,000 Shares in Ongoing Buyback Programme

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Pets at Home Cancels 70,000 Shares in Ongoing Buyback Programme

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

Pets at Home Group Plc has continued executing its previously announced share buyback programme, repurchasing 70,000 ordinary shares on 22 January 2026 at prices between 194.30p and 199.70p, with a volume-weighted average price of 197.34p. The shares, acquired via Jefferies International, will be cancelled, reducing the number of shares in issue to 449,921,164 and confirming the total voting rights at that level, a move that marginally enhances earnings per share and may signal ongoing confidence in the company’s valuation to investors.

The most recent analyst rating on (GB:PETS) stock is a Buy with a £265.00 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 UK-based specialist pet care retailer, offering pet products, accessories and services across its nationwide store network and online channels, focused on serving pet owners in the UK market.

Average Trading Volume: 737,432

Technical Sentiment Signal: Strong Sell

Current Market Cap: £864.5M

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

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