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On the Beach Group PLC Announces Share Buyback

Story Highlights
  • On the Beach Group PLC operates in the travel industry, focusing on beach holiday packages.
  • The company has bought back 298,047 shares, reducing its total shares to 159,558,011.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
On the Beach Group PLC Announces Share Buyback

On The Beach ( (GB:OTB) ) just unveiled an update.

On the Beach Group PLC has announced a share buyback, purchasing 298,047 of its own shares for cancellation on the London Stock Exchange. This transaction reduces the company’s total number of shares in issue to 159,558,011, impacting the voting rights and potentially influencing shareholder interest and market perception.

More about On The Beach

On the Beach Group PLC operates in the travel industry, primarily focusing on providing beach holiday packages. The company offers a range of travel services including flights, hotels, and other vacation-related services, targeting customers seeking affordable and convenient holiday options.

YTD Price Performance: -10.69%

Average Trading Volume: 1,124,888

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £360.6M

See more data about OTB stock on TipRanks’ Stock Analysis page.

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