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, purchasing 70,000 ordinary shares on 23 February 2026 via Jefferies International at prices between 218.20p and 223.80p, with a volume-weighted average of 220.94p. The company will cancel the repurchased shares, reducing the number of shares in issue to 448,466,594 and confirming this as the new total of voting rights, 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 is a U.K.-based pet care retailer and services provider, offering pet food, accessories, veterinary services and grooming through a nationwide store network and online channels. The group targets the growing pet ownership market, positioning itself as an integrated one-stop shop for pet products and healthcare services across the country.

Average Trading Volume: 773,361

Technical Sentiment Signal: Hold

Current Market Cap: £977.2M

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