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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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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 9 January 2026 via Jefferies International Limited at a volume-weighted average price of 197.74 pence per share. The repurchased shares will be cancelled, reducing the number of shares in issue to 450,551,164 with no shares held in treasury, and thereby slightly increasing the ownership percentage and voting power of remaining shareholders while setting a new reference figure for 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 specialist pet care retailer, offering pet products, accessories and services through its retail stores and online channels to domestic pet owners across the country.

Average Trading Volume: 753,270

Technical Sentiment Signal: Strong Sell

Current Market Cap: £876M

For a thorough assessment of PETS stock, go to TipRanks’ Stock Analysis page.

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