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

Story Highlights
  • Pets at Home repurchased 70,000 shares under its ongoing buyback at an average 215.21p.
  • The repurchased shares will be cancelled, reducing shares in issue to 449.2 million and slightly boosting EPS.
  • 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) ) just unveiled an update.

Pets at Home Group has continued to execute its previously announced share buyback programme, repurchasing 70,000 ordinary shares on 6 February 2026 at prices between 212.80p and 216.80p, with a volume-weighted average price of 215.21p. The company will cancel the repurchased stock, reducing the number of shares in issue to 449,236,594 and setting the new total voting rights at that level, a move that marginally enhances earnings per share and clarifies the denominator for investors’ disclosure obligations under U.K. 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 U.K.-based specialty retailer focused on pet care, selling pet food, accessories and related products through its stores and online channels. The group also offers veterinary and grooming services, positioning itself as an integrated provider in the growing pet ownership and pet wellness market.

Average Trading Volume: 797,917

Technical Sentiment Signal: Sell

Current Market Cap: £955.4M

Find detailed analytics on PETS stock on TipRanks’ Stock Analysis page.

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