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

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

Pets at Home Group has continued to execute its previously announced share buyback programme, repurchasing 70,000 ordinary shares on 2 February 2026 at a volume-weighted average price of 207.42 pence per share through Jefferies International. The shares acquired will be cancelled, reducing the company’s share count to 449,491,968 ordinary shares in issue with no treasury shares, and setting the new total voting rights figure that shareholders and other investors must use when calculating disclosure thresholds under UK transparency 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 UK-based retailer focused on pet care, offering pet products, accessories, and services through its nationwide stores and online channels, targeting pet owners across the country.

Average Trading Volume: 778,275

Technical Sentiment Signal: Sell

Current Market Cap: £907.3M

For a thorough assessment of PETS stock, go to TipRanks’ Stock Analysis page.