The Gym Group cancels 90,000 shares after latest buyback

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

The Gym Group plc has repurchased 90,000 of its ordinary shares on the London Stock Exchange between 5 and 8 May 2026 at prices ranging from 173.50p to 175.00p, with a volume-weighted average price of 174.72p. The company plans to cancel these shares, reducing its share count and signalling continued execution of its buyback programme.

Following the cancellation, The Gym Group’s issued share capital will consist of 177,731,612 shares, all carrying voting rights, with no shares held in treasury. The updated share count will form the new basis for investors’ calculations under the FCA’s disclosure rules, slightly enhancing remaining shareholders’ proportional ownership and potentially supporting earnings per share over time.

The most recent analyst rating on (GB:GYM) stock is a Buy with a £250.00 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 GYM Stock

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

Score is driven primarily by improving fundamentals and solid cash generation, tempered by high leverage and thin net margins. Technicals are supportive with an established uptrend, but the high P/E (and lack of dividend data) weighs on valuation.

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

More about The Gym

The Gym Group plc operates in the fitness and leisure industry, running a chain of low-cost, no-contract gyms across the U.K. The company focuses on affordable, accessible fitness facilities aimed at value-conscious consumers, competing in the budget segment of the health and wellness market.

Average Trading Volume: 520,950

Technical Sentiment Signal: Buy

Current Market Cap: £319.2M

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