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

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

Pets at Home Group Plc has repurchased 70,000 ordinary shares as part of its ongoing buyback programme, paying a volume-weighted average price of 219.58p per share, with trades executed by Jefferies International on 16 February 2026. The shares will be cancelled, reducing the number of shares in issue to 448,816,594 and leaving no treasury shares, a move that marginally enhances earnings per share and adjusts the base for shareholders’ voting-rights disclosures under U.K. market 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 operating across stores and online, offering pet products, accessories and services to consumer pet owners. The group focuses on the domestic pet-care market, combining retail sales with veterinary and grooming services to capture recurring spending by pet-keeping households.

Average Trading Volume: 791,295

Technical Sentiment Signal: Hold

Current Market Cap: £974.1M

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