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GB Group Cancels 50,000 Shares Under Ongoing Buyback Programme

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GB Group Cancels 50,000 Shares Under Ongoing Buyback Programme

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GB Group plc ( (GB:GBG) ) just unveiled an announcement.

GB Group plc has continued its previously announced share buyback programme by purchasing 50,000 ordinary shares on 27 January 2026 through Deutsche Bank AG’s London branch at prices ranging between 241.00p and 245.50p per share, with a volume-weighted average price of 243.62p. The company will cancel the repurchased shares, reducing the number of ordinary shares in issue to 237,000,436 and leaving no shares held in treasury, a move that marginally increases each remaining shareholder’s proportionate ownership and clarifies the updated total voting rights for regulatory disclosure purposes.

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 company that provides identity verification, fraud prevention and location intelligence services, supporting businesses in sectors such as financial services, e-commerce and digital platforms that require secure customer onboarding and compliance solutions.

Average Trading Volume: 1,672,177

Technical Sentiment Signal: Sell

Current Market Cap: £577.6M

See more data about GBG stock on TipRanks’ Stock Analysis page.

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