tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

GB Group plc Executes Share Buyback, Cancels 50,000 Shares

Story Highlights
GB Group plc Executes Share Buyback, Cancels 50,000 Shares

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

GB Group plc, a company involved in identity verification and fraud prevention, has announced a transaction in its own shares as part of its share buyback program. On August 1, 2025, the company purchased 50,000 of its ordinary shares at prices ranging from 228.00 GBp to 232.00 GBp, with an average price of 229.0524 GBp. These shares will be canceled, reducing the total number of shares in issue to 248,542,815. This move is part of GB Group’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:GBG) stock is a Buy with a £3.90 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 Neutral.

The overall stock score is influenced primarily by strong financial performance and positive corporate events. The strategic share buybacks and solid financial health offset the mixed technical indicators and high valuation concerns. While the stock appears overvalued, the company’s strategic initiatives and robust cash flow provide a positive outlook.

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

More about GB Group plc

Average Trading Volume: 1,363,644

Technical Sentiment Signal: Sell

Current Market Cap: £562.3M

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