tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

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

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

Claim 50% Off TipRanks Premium

Pets at Home ( (GB:PETS) ) has issued an update.

Pets at Home Group Plc has continued to execute its previously announced share buyback programme, repurchasing 70,000 ordinary shares on 13 January 2026 at a volume-weighted average price of 196.32 pence per share through Jefferies International. The shares will be cancelled, reducing the total number of shares in issue to 450,411,164 and leaving no shares in treasury, a move that marginally enhances earnings per share and adjusts the company’s capital structure, while providing an updated voting rights figure for investors and other market participants under UK disclosure 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, focused on selling pet products and services through its nationwide store network and online channels, serving pet owners across the country.

Average Trading Volume: 753,136

Technical Sentiment Signal: Strong Sell

Current Market Cap: £876M

Learn more about PETS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1