GB Group plc Updates Share Buyback Program Details

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

GB Group plc announced an update to its share buyback program, correcting the purchase date to May 23, 2025. The company bought 150,000 of its ordinary shares at prices ranging from 264.50 GBp to 276.00 GBp, with an average price of 271.3293 GBp. These shares will be canceled, reducing the total number of shares in issue to 250,225,828. This move is part of the company’s strategy to manage its capital structure and may impact shareholder voting rights.

The most recent analyst rating on (GB:GBG) stock is a Buy with a £3.50 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.

GB Group plc’s overall stock score of 57 reflects a combination of mixed financial performance, bearish technical indicators, and high valuation concerns. The company’s strong cash flow and balance sheet stability are key strengths, but challenges in profitability and technical market conditions weigh on the score. Recent corporate events signal strategic optimism, offering some positive outlook despite current market challenges.

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

More about GB Group plc

GB Group plc is a company operating in the identity data intelligence industry, providing solutions that help organizations make informed decisions about their customers and employees. The company focuses on identity verification, location intelligence, and fraud prevention services, catering to a global market.

Average Trading Volume: 1,118,975

Technical Sentiment Signal: Sell

Current Market Cap: £669.9M

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