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GB Group Cancels 50,000 Shares After Latest Buyback Transaction

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GB Group Cancels 50,000 Shares After Latest Buyback Transaction

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An announcement from GB Group plc ( (GB:GBG) ) is now available.

GB Group plc has repurchased 50,000 of its ordinary shares on 8 January 2026 under its ongoing share buyback programme, paying between 245p and 251p per share at a volume-weighted average price of 247.8636p. The shares, bought through Deutsche Numis, will be cancelled, reducing the company’s total shares in issue to 237,646,924 and confirming the same figure for total voting rights, a move that marginally enhances remaining shareholders’ ownership stakes and may signal continued confidence in the group’s capital position and long-term strategy.

The most recent analyst rating on (GB:GBG) stock is a Buy with a £273.00 price target. To see the full list of analyst forecasts on GB Group plc stock, see the GB:GBG Stock Forecast page.

Spark’s Take on GB:GBG Stock

According to Spark, TipRanks’ AI Analyst, GB:GBG is a Outperform.

GB Group plc’s overall stock score reflects a combination of strong financial performance and strategic corporate actions, such as share buybacks and market listing upgrades, which enhance shareholder value. However, high valuation metrics and mixed technical indicators suggest caution. The company’s strategic initiatives and financial improvements provide a positive outlook, but challenges in certain segments and high P/E ratio temper the score.

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

More about GB Group plc

GB Group plc (GBG) is a UK-listed technology company specialising in identity verification, location intelligence and fraud prevention solutions for businesses operating in digital and regulated markets. Its software and data services are used by organisations to verify customer identities, combat financial crime and support secure, compliant online transactions worldwide.

Average Trading Volume: 2,085,282

Technical Sentiment Signal: Sell

Current Market Cap: £580.5M

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

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