tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Hostelworld Cancels 10,472 Shares Under Ongoing Buyback Programme

Story Highlights
  • Hostelworld repurchased and cancelled 10,472 ordinary shares under its ongoing buyback.
  • The buyback reduces shares in issue to about 124.1 million, tightening capital for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hostelworld Cancels 10,472 Shares Under Ongoing Buyback Programme

Claim 50% Off TipRanks Premium

Hostelworld ( (GB:HSW) ) has issued an announcement.

Hostelworld Group plc has repurchased 10,472 of its ordinary shares on the London Stock Exchange as part of the share buyback programme launched in June 2025, paying prices between £1.1850 and £1.2150 per share and a volume-weighted average price of £1.1978. Following the settlement and cancellation of these shares, the company’s total shares in issue will be reduced to 124,089,413, a move that marginally tightens the share capital base and may enhance earnings per share and capital return for existing shareholders as the buyback programme progresses.

The most recent analyst rating on (GB:HSW) stock is a Hold with a £137.00 price target. To see the full list of analyst forecasts on Hostelworld stock, see the GB:HSW Stock Forecast page.

Spark’s Take on GB:HSW Stock

According to Spark, TipRanks’ AI Analyst, GB:HSW is a Neutral.

Hostelworld’s overall stock score reflects its strong financial performance and strategic corporate actions, such as share buybacks and acquisitions, which are enhancing shareholder value. However, the mixed technical indicators and moderate valuation suggest some caution. The company’s trajectory is positive, with room for further growth and optimization.

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

More about Hostelworld

Hostelworld Group plc is a London-listed online travel company that operates a global hostel booking platform, connecting budget-conscious and youth travelers with hostel and budget accommodation worldwide. The group generates revenue primarily through online reservations and related travel services, targeting the value and backpacker segments of the travel and tourism market.

Average Trading Volume: 140,605

Technical Sentiment Signal: Sell

Current Market Cap: £148.3M

Learn more about HSW stock on TipRanks’ Stock Analysis 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