Pets at Home Cancels Further Shares as Buyback Programme Progresses

The latest update is out from Pets at Home ( (GB:PETS) ).

Pets at Home Group has continued to execute its previously announced share buyback programme, repurchasing 68,646 ordinary shares on 3 February 2026 at prices between 210p and 212.6p per share via Jefferies International, at a volume-weighted average price of 211.59p. The repurchased shares will be cancelled, reducing the number of shares in issue to 449,423,322 and confirming the company’s total voting rights at that level, a move that marginally enhances earnings per share and may be viewed by investors as a signal of management’s confidence and an ongoing commitment to shareholder returns.

The most recent analyst rating on (GB:PETS) stock is a Sell with a £195.00 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, and operates primarily through a nationwide chain of stores and online channels serving pet owners across the country.

Average Trading Volume: 792,092

Technical Sentiment Signal: Sell

Current Market Cap: £930.5M

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