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The Gym Group Cancels 66,354 Shares After Latest Buyback

Story Highlights
  • The Gym Group repurchased 66,354 shares at an average price of 168.65 pence.
  • Cancellation of these shares reduces issued capital to 179,282,152, slightly boosting existing holders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
The Gym Group Cancels 66,354 Shares After Latest Buyback

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An announcement from The Gym ( (GB:GYM) ) is now available.

The Gym Group plc has repurchased 66,354 of its ordinary shares on 2 February 2026 at a volume-weighted average price of 168.65 pence per share as part of its ongoing share buyback programme, with the transaction executed via Peel Hunt LLP. The company intends to cancel these shares, reducing its issued share capital to 179,282,152 shares and setting the same figure as the total number of voting rights, a move that marginally enhances earnings per share and may signal management’s confidence in the business to investors while slightly increasing existing shareholders’ relative stakes.

The most recent analyst rating on (GB:GYM) stock is a Hold with a £179.00 price target. To see the full list of analyst forecasts on The Gym stock, see the GB:GYM Stock Forecast page.

Spark’s Take on GB:GYM Stock

According to Spark, TipRanks’ AI Analyst, GB:GYM is a Neutral.

The Gym Group’s stock score is driven by strong financial recovery and positive earnings call sentiment. However, high leverage and a relatively high P/E ratio pose risks. Technical indicators suggest moderate bullish momentum, while strategic initiatives like the employee share scheme support future growth.

To see Spark’s full report on GB:GYM stock, click here.

More about The Gym

The Gym Group plc operates low-cost, no-contract fitness clubs in the UK, providing affordable gym memberships through a predominantly 24/7, high-volume model aimed at value-conscious consumers.

Average Trading Volume: 185,978

Technical Sentiment Signal: Buy

Current Market Cap: £299M

For detailed information about GYM stock, go to TipRanks’ Stock Analysis page.

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