On The Beach ( (GB:OTB) ) has shared an announcement.
On the Beach Group PLC has announced a share buyback, purchasing 274,745 of its own shares for cancellation on the London Stock Exchange. This move reduces the total number of shares in issue to 156,961,277, potentially impacting shareholder voting rights and market perception of the company’s financial health.
More about On The Beach
On the Beach Group PLC operates in the travel industry, primarily offering holiday packages and travel services. The company focuses on providing affordable beach holidays to a wide range of customers, leveraging its online platform to reach a broad market.
YTD Price Performance: -8.71%
Average Trading Volume: 876,500
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £361.6M
Learn more about OTB stock on TipRanks’ Stock Analysis page.