Pets at Home Cancels 70,000 Shares Under Buyback Programme

Pets at Home ( (GB:PETS) ) just unveiled an update.

Pets at Home has repurchased 70,000 ordinary shares under its ongoing share buyback programme, paying a volume-weighted average price of 222.97p per share, with trades executed via Jefferies International on 19 February 2026. The shares will be cancelled, reducing the number of shares in issue to 448,606,594 and confirming the company’s total voting rights at that level, which may marginally enhance earnings per share and slightly concentrate existing shareholders’ ownership.

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 operates in the UK pet care and retail sector, offering pet products, veterinary services and related care solutions to pet owners. The company focuses on serving the domestic pet market through a combination of retail outlets and service-based offerings, targeting a broad base of consumer pet spend.

Average Trading Volume: 773,361

Technical Sentiment Signal: Hold

Current Market Cap: £977.2M

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