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

Story Highlights
  • Pets at Home repurchased 70,000 shares on 5 January 2026 under its ongoing buyback programme.
  • The repurchased shares will be cancelled, reducing shares in issue to 450.8 million and slightly enhancing EPS and voting metrics.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pets at Home Cancels 70,000 Shares Under Ongoing Buyback Programme

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

Pets at Home Group has continued to execute its previously announced share buyback programme, repurchasing 70,000 ordinary shares on 5 January 2026 at prices between 191.30p and 195.50p, with a volume-weighted average price of 193.05p. The shares, acquired via Jefferies International, will be cancelled, reducing the number of shares in issue to 450,831,164 and setting the company’s total voting rights at the same level, a move that modestly enhances earnings per share and clarifies the denominator for shareholders’ disclosure and transparency obligations under FCA rules.

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 pet care retailer listed in London, offering pet products, services and accessories to domestic pet owners across the country. The group operates through stores and other channels focused on the consumer pet care market.

Average Trading Volume: 758,529

Technical Sentiment Signal: Strong Sell

Current Market Cap: £868.1M

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

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