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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) ) has issued an announcement.

GB Group plc has continued to execute on its previously announced share buyback programme, purchasing 50,000 ordinary shares on 23 January 2026 through Deutsche Bank AG’s London branch at prices between 236.00p and 239.50p per share, with a volume-weighted average price of 239.5403p. The repurchased shares will be cancelled, reducing the company’s share capital to 237,098,365 ordinary shares in issue and maintaining no shares in treasury, a move that marginally enhances earnings per share and may signal management’s confidence in the company’s valuation while providing updated total voting rights for investors monitoring their disclosure obligations.

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 solutions, supporting businesses in sectors such as financial services, e-commerce and digital platforms to verify customers and combat financial crime in online and offline transactions.

Average Trading Volume: 1,701,372

Technical Sentiment Signal: Strong Sell

Current Market Cap: £565.3M

Learn more about GBG stock on TipRanks’ Stock Analysis page.

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