Pets at Home Cancels Newly Repurchased Shares as Buyback Programme Continues

Pets at Home ( (GB:PETS) ) has shared an update.

Pets at Home Group has continued to execute its previously announced share buyback programme, repurchasing 9,196 ordinary shares on 28 January 2026 through Jefferies International at prices between 201.8p and 209.6p, with a volume-weighted average price of 207.14p. The repurchased shares will be cancelled, reducing the number of ordinary shares in issue to 449,701,968 and leaving no shares held in treasury, a move that marginally enhances earnings per share and adjusts the company’s capital structure while setting the new total voting rights figure for shareholders’ disclosure calculations under FCA 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 specialist that operates in the retail and services industry, offering pet products, veterinary and grooming services, and related pet-care solutions to consumers across the United Kingdom. The company focuses on serving pet owners with a combination of in-store, online and service-led offerings, positioning itself as an integrated provider in the growing pet care market.

Average Trading Volume: 740,497

Technical Sentiment Signal: Strong Sell

Current Market Cap: £903.3M

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