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 Plc has continued to execute its previously announced share buyback programme by repurchasing 70,000 ordinary shares on 25 February 2026 through Jefferies International at prices ranging from 209.60p to 219.60p, with a volume-weighted average price of 212.57p. The shares will be cancelled, reducing the company’s share capital and leaving 448,326,594 ordinary shares in issue and voting rights outstanding, a move that marginally enhances earnings per share and may signal management’s confidence to investors while updating the denominator for regulatory disclosure thresholds.

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 offering pet products, accessories and services through its nationwide stores and online channels. The group focuses on serving pet owners with food, healthcare, grooming and veterinary services, positioning itself as an integrated provider in the UK pet care market.

Average Trading Volume: 742,976

Technical Sentiment Signal: Sell

Current Market Cap: £967.7M

See more insights into PETS stock on TipRanks’ Stock Analysis page.