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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) ) just unveiled an announcement.

Pets at Home Group Plc has continued to execute its previously announced share buyback programme, repurchasing 70,000 ordinary shares on 16 January 2026 via Jefferies International Limited at prices between 196.00p and 199.90p, with a volume-weighted average price of 198.53p. The company will cancel the repurchased shares, reducing the total number of shares in issue to 450,201,164 and confirming this figure as the new total voting rights, a change that slightly enhances earnings per share and may be relevant for investors monitoring their 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 pet care retailer and services provider, best known for its nationwide chain of pet stores and related veterinary and grooming services, targeting pet owners across the country.

Average Trading Volume: 736,895

Technical Sentiment Signal: Sell

Current Market Cap: £890M

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

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