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

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

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

Pets at Home Group has continued to execute its previously announced share buyback programme, repurchasing 70,000 ordinary shares on 30 January 2026 at prices between 204.20p and 208.20p, with a volume-weighted average price of 206.45p. The repurchased shares will be cancelled, reducing the total number of shares in issue to 449,561,968 and leaving no shares held in treasury, a move that marginally increases existing shareholders’ proportional ownership and clarifies the company’s voting rights base for regulatory disclosure purposes.

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 retailer and service provider focused on the pet care market, offering pet products, accessories and related services to consumers across the country. The company targets pet owners through its nationwide store network and associated channels, positioning itself as a leading player in the domestic pet care sector.

Average Trading Volume: 778,275

Technical Sentiment Signal: Sell

Current Market Cap: £907.3M

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

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