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

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

Pets at Home Group has continued to execute its previously announced share buyback programme, repurchasing 70,000 ordinary shares on 26 January 2026 through Jefferies International at prices between 199.90p and 204.40p, with a volume-weighted average price of 202.89p. The purchased shares will be cancelled, reducing the company’s share count to 449,781,164 ordinary shares in issue and setting the same figure as the total voting rights, a move that marginally enhances earnings per share and may support shareholder value while updating the denominator used for regulatory disclosure thresholds under the FCA’s transparency 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 and services provider, best known for its nationwide chain of pet stores, veterinary services and related pet products. Listed on the London Stock Exchange, it focuses on the UK consumer pet market and caters to pet owners through a mix of retail, healthcare and ancillary pet services.

Average Trading Volume: 736,021

Technical Sentiment Signal: Sell

Current Market Cap: £903.3M

See more insights into PETS stock on TipRanks’ Stock Analysis page.