tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Baltic Classifieds Group Buys Back 436,351 Shares for Cancellation

Story Highlights
  • Baltic Classifieds Group repurchased 436,351 shares for cancellation at about 203p each.
  • The buyback leaves 472.6 million shares in issue, modestly boosting existing holders’ stakes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Baltic Classifieds Group Buys Back 436,351 Shares for Cancellation

Claim 50% Off TipRanks Premium

Baltic Classifieds Group Plc ( (GB:BCG) ) has shared an announcement.

Baltic Classifieds Group Plc has continued its share buyback activity, repurchasing 436,351 ordinary shares for cancellation on 29 January 2026 at an average price of 202.9979 pence per share, with transactions executed via Merrill Lynch International. Following this latest tranche, the company’s share capital stands at 472,633,470 ordinary shares in issue and no shares held in treasury, a reduction in free float that marginally increases existing shareholders’ percentage ownership and may be seen as a signal of management’s confidence in the company’s valuation.

The most recent analyst rating on (GB:BCG) stock is a Hold with a £221.00 price target. To see the full list of analyst forecasts on Baltic Classifieds Group Plc stock, see the GB:BCG Stock Forecast page.

Spark’s Take on GB:BCG Stock

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

Baltic Classifieds Group Plc’s overall stock score reflects strong financial performance and positive corporate events, offset by bearish technical indicators and a revised revenue forecast. The company’s robust profitability and strategic actions like share buybacks are significant strengths, but technical analysis suggests caution due to current market momentum.

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

More about Baltic Classifieds Group Plc

Baltic Classifieds Group Plc is a digital classified advertising company focused on online marketplaces across the Baltic region, operating platforms that connect buyers and sellers in categories such as real estate, automotive and general goods. Listed in London, it generates revenue primarily from listing fees and value-added online advertising services, targeting both consumers and businesses in its local markets.

Average Trading Volume: 4,092,835

Technical Sentiment Signal: Sell

Current Market Cap: £965.7M

Learn more about BCG 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