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

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

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

Pets at Home Group Plc has continued to execute on its previously announced share buyback programme, repurchasing 70,000 ordinary shares on 7 January 2026 through Jefferies International at prices between 194.10p and 196.60p, with a volume-weighted average price of 195.56p. The repurchased shares will be cancelled, reducing the total number of shares in issue to 450,691,164 with no treasury shares, thereby slightly increasing earnings per share and adjusting the company’s voting rights base, a move relevant for shareholders monitoring their disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:PETS) stock is a Buy with a £265.00 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 operating in the consumer retail sector, focused on selling pet products and services to pet owners across the UK market.

Average Trading Volume: 746,175

Technical Sentiment Signal: Strong Sell

Current Market Cap: £870.6M

See more data about PETS stock on TipRanks’ Stock Analysis page.

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