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The latest announcement is out from On The Beach ( (GB:OTB) ).
On the Beach Group plc has announced a share buyback, purchasing and cancelling 86,863 ordinary shares at an average price of 249.3334 pence per share. This transaction reduces the company’s total shares in issue to 161,437,995, impacting voting rights calculations for shareholders and potentially enhancing shareholder value by reducing the number of outstanding shares.
More about On The Beach
On the Beach Group plc operates within the travel industry, focusing primarily on providing holiday packages and travel services. The company is known for its digital platform that allows customers to book flights, accommodations, and other travel-related services, catering to a wide market of holidaymakers seeking affordable and customizable vacation options.
YTD Price Performance: -2.17%
Average Trading Volume: 1,090,440
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £383.2M
Find detailed analytics on OTB stock on TipRanks’ Stock Analysis page.
