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

An announcement from Pets at Home ( (GB:PETS) ) is now available.

Pets at Home Group Plc has continued to execute its previously announced share buyback programme, repurchasing 70,000 ordinary shares on 5 February 2026 at prices ranging between 215.8p and 220.0p per share, with a volume-weighted average price of 217.62p. The shares, acquired via Jefferies International, will be cancelled, reducing the company’s share capital to 449,306,594 ordinary shares in issue and slightly increasing existing shareholders’ proportional ownership and voting power, while providing an updated denominator for regulatory disclosure of shareholder interests 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 pet care retailer, best known for its nationwide chain of pet stores and related services. The group focuses on products and services for pet owners across the UK consumer market, and its shares are listed on the London Stock Exchange.

Average Trading Volume: 798,287

Technical Sentiment Signal: Hold

Current Market Cap: £977.8M

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