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Hostelworld Cancels 28,000 Shares in Ongoing Buyback Programme

Story Highlights
  • Hostelworld repurchased and will cancel 28,000 ordinary shares under its ongoing buyback programme.
  • After this transaction, Hostelworld has 123.9 million shares in issue, potentially boosting earnings per share.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hostelworld Cancels 28,000 Shares in Ongoing Buyback Programme

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

Hostelworld Group plc has continued its share buyback programme with the repurchase of 28,000 ordinary shares on the London Stock Exchange on 23 March 2026, at prices ranging between £0.9940 and £1.0400 per share. The shares, acquired via broker Goodbody Stockbrokers UC and bought at a volume-weighted average price of £1.0268, will be cancelled as part of the company’s ongoing capital management strategy.

Following settlement and cancellation of this latest tranche, Hostelworld’s share capital will comprise 123,858,715 ordinary shares in issue, all carrying one voting right each and with no shares held in treasury. The continued execution of the buyback reduces the company’s free float and may enhance earnings per share, underscoring management’s confidence in the business and potentially supporting shareholder value over time.

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 HSW Stock

According to Spark, TipRanks’ AI Analyst, 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 HSW stock, click here.

More about Hostelworld

Hostelworld Group plc is an online travel platform focused on hostel bookings, providing budget accommodation options to travelers through its digital marketplace. Listed on the London Stock Exchange, the company targets price-conscious and youth-oriented segments of the global travel and hospitality market.

Average Trading Volume: 168,851

Technical Sentiment Signal: Sell

Current Market Cap: £126.4M

For a thorough assessment of HSW stock, go to TipRanks’ Stock Analysis page.

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