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OSB Group Cancels 120,000 Shares Under Ongoing Buyback Programme

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OSB Group Cancels 120,000 Shares Under Ongoing Buyback Programme

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OSB Group PLC ( (GB:OSB) ) just unveiled an announcement.

OSB Group PLC has repurchased 120,000 of its ordinary shares on 2 January 2026 via its broker Citigroup Global Markets Limited across the London Stock Exchange and CBOE venues, at prices around 638p–644p per share, as part of its ongoing share buyback programme launched in March 2025. The repurchased shares will be cancelled, reducing the company’s share capital and leaving 355,504,110 ordinary shares in issue with the same number of voting rights, a move that can enhance earnings per share and signal confidence to investors while slightly increasing existing shareholders’ proportional ownership.

The most recent analyst rating on (GB:OSB) stock is a Hold with a £698.00 price target. To see the full list of analyst forecasts on OSB Group PLC stock, see the GB:OSB Stock Forecast page.

Spark’s Take on GB:OSB Stock

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

The score is driven primarily by moderately strong but volatile financial performance (revenue and cash flow rebounded, but margins and cash flows have been inconsistent and leverage remains meaningful). Valuation is a key positive (low P/E and high dividend yield), while technicals show a strong uptrend but stretched momentum that increases near-term risk. Corporate actions are supportive due to ongoing buybacks and capital structure strengthening.

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

More about OSB Group PLC

OSB Group PLC is a UK-listed financial services company operating in the banking sector, with its ordinary shares traded on the London Stock Exchange and related venues. The group focuses on providing specialist lending and retail savings products, targeting niche segments of the mortgage and savings markets in the UK.

Average Trading Volume: 740,988

Technical Sentiment Signal: Buy

Current Market Cap: £2.28B

See more insights into OSB stock on TipRanks’ Stock Analysis page.

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