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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 has continued executing its previously announced share buyback programme, purchasing 70,000 ordinary shares on 13 January 2026 at a volume-weighted average price of 196.32p per share via Jefferies International. The shares will be cancelled, reducing the number of ordinary shares in issue to 450,411,164 and confirming the same figure for total voting rights, a move that marginally enhances earnings per share and may signal ongoing capital-return discipline to shareholders.

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 offering pet products, accessories and services across a nationwide store network and online, targeting pet owners with a broad range of essentials and specialist items.

Average Trading Volume: 753,136

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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