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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 to execute its previously announced share buyback programme, repurchasing 50,000 ordinary shares on 9 January 2026 via Deutsche Bank’s Deutsche Numis unit at prices between 247p and 250p, with a volume-weighted average price of 248.5299p per share. The shares will be cancelled, reducing the company’s share count to 237,596,924 and setting the new total voting rights at the same figure, a move that marginally enhances earnings per share and may signal management’s confidence in the business while providing investors with an updated denominator for regulatory disclosure calculations.

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 is a UK-listed company that operates in the identity verification and fraud prevention sector, providing data intelligence and technology solutions that help businesses verify identities, prevent fraud and comply with regulatory requirements across digital and physical channels.

Average Trading Volume: 2,046,084

Technical Sentiment Signal: Sell

Current Market Cap: £586M

For an in-depth examination of GBG stock, go to TipRanks’ Overview page.

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