tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Baltic Classifieds Group Cancels 638,784 Shares After Latest Buyback

Story Highlights
  • Baltic Classifieds Group repurchased 638,784 shares at an average 208.76p for cancellation.
  • Total shares in issue fall to 473.3 million, modestly boosting remaining holders’ voting stakes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Baltic Classifieds Group Cancels 638,784 Shares After Latest Buyback

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 638,784 ordinary shares on 27 January 2026 through Merrill Lynch International at an average price of 208.7569 pence per share, with prices ranging between 202.50 pence and 213.00 pence. The bought-back shares will be cancelled, reducing the company’s total shares in issue to 473,309,247 and leaving no shares held in treasury, which slightly increases existing shareholders’ proportional ownership and updates the total voting rights figure used for regulatory disclosure thresholds under UK market rules.

The most recent analyst rating on (GB:BCG) stock is a Buy with a £233.00 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 classifieds business focused on online marketplace platforms, predominantly serving consumers and businesses in the Baltic region. The company operates web-based portals that facilitate listings and transactions across categories such as real estate, automotive, and general classified advertising, positioning it as a key player in the Baltic digital advertising and e-commerce ecosystem.

Average Trading Volume: 4,034,795

Technical Sentiment Signal: Sell

Current Market Cap: £988.7M

For detailed information about BCG stock, go to 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