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

Story Highlights
  • Pets at Home repurchased 70,000 shares on 15 January 2026 under its ongoing buyback programme.
  • Cancellation of the shares cuts the share count to 450.3 million, concentrating voting rights and supporting shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pets at Home Cancels 70,000 Shares Under Ongoing Buyback Programme

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

Pets at Home Group has continued to execute its previously announced share buyback programme, repurchasing 70,000 ordinary shares on 15 January 2026 at prices between 195.0p and 198.2p per share, with a volume-weighted average price of 196.12p. The repurchased shares will be cancelled, reducing the company’s share capital to 450,271,164 ordinary shares in issue and consolidating voting rights among remaining shareholders, a move that can enhance earnings per share and signals ongoing capital returns to investors within the framework of its existing buyback strategy.

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 provider, best known for its nationwide chain of pet stores and veterinary and grooming services, targeting pet owners across the United Kingdom.

Average Trading Volume: 741,024

Technical Sentiment Signal: Strong Sell

Current Market Cap: £874.7M

Find detailed analytics on PETS stock on TipRanks’ Stock Analysis page.

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