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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 update.

Pets at Home has continued to execute its previously announced share buyback programme, repurchasing 70,000 ordinary shares on 14 January 2026 via Jefferies International at prices between 193.40p and 196.90p, with a volume-weighted average price of 194.96p. The shares will be cancelled, reducing the number of ordinary shares in issue to 450,341,164 and leaving no shares in treasury, a move that marginally enhances earnings per share and adjusts the company’s capital structure while setting a new base for total voting rights for shareholders and regulatory disclosure purposes.

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 and services group, focused on selling pet products and providing veterinary and grooming services to domestic pet owners across the country. The company operates through a network of retail stores and associated services, targeting the growing pet care market and related discretionary consumer spending.

Average Trading Volume: 752,600

Technical Sentiment Signal: Strong Sell

Current Market Cap: £872.7M

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

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