The Gym Group Cancels Shares After Targeted Buyback

The Gym ( (GB:GYM) ) has shared an announcement.

The Gym Group has repurchased 23,253 ordinary shares between 7 and 10 April 2026 via Peel Hunt at prices between 172.50p and 173.50p, with a volume-weighted average price of 173.04p. The company plans to cancel these shares, reducing its total issued share capital to 177,884,357 shares and setting the new baseline for voting rights calculations under FCA disclosure rules.

The cancellation of the repurchased shares marginally concentrates existing shareholders’ stakes and may provide a modest enhancement to earnings per share over time. The move underscores ongoing capital management efforts and could signal management’s confidence in the company’s valuation, though the scale of this tranche is relatively small in the context of the group’s overall equity base.

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 low-cost fitness clubs in the U.K., offering 24/7 gym access on flexible, no-contract memberships. The company targets value-conscious consumers seeking affordable fitness options, competing in the budget segment of the health and wellness industry.

Average Trading Volume: 457,233

Technical Sentiment Signal: Buy

Current Market Cap: £310.7M

See more insights into GYM stock on TipRanks’ Stock Analysis page.