tiprankstipranks
Advertisement
Advertisement

Pets at Home Cancels Further Shares Under Ongoing Buyback Programme

Story Highlights
Pets at Home Cancels Further Shares Under Ongoing Buyback Programme

Claim 55% Off TipRanks

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

Pets at Home Group Plc has continued to execute its existing share buyback programme by repurchasing 46,728 ordinary shares on 4 February 2026 via Jefferies International at prices between 212.60p and 219.00p, with a volume-weighted average price of 216.55p. The repurchased shares will be cancelled, reducing the number of ordinary shares in issue to 449,376,594 and leaving no shares held in treasury, a move that marginally enhances earnings per share and adjusts the company’s total voting rights, providing an updated reference point for investors’ disclosure obligations under UK market rules.

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 and services provider, operating across the pet products, veterinary care and related services market. The company focuses on serving pet owners through a nationwide store network and associated services aimed at the growing pet care sector.

Average Trading Volume: 797,598

Technical Sentiment Signal: Sell

Current Market Cap: £977.8M

Find detailed analytics on 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