tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

OSB Group Cancels 141,000 Shares Under Ongoing Buyback Programme

Story Highlights
OSB Group Cancels 141,000 Shares Under Ongoing Buyback Programme

Claim 50% Off TipRanks Premium

OSB Group PLC ( (GB:OSB) ) has provided an announcement.

OSB Group PLC has repurchased 141,389 of its ordinary shares of £0.01 each on 28 January 2026 across the London Stock Exchange, CBOE BXE and CBOE CXE through its broker Citigroup Global Markets Limited, as part of the ongoing share buyback programme launched in March 2025. The shares bought back, at prices ranging between 598.50p and 622.00p, will be cancelled, reducing the company’s total shares in issue to 354,705,323 and leaving no shares held in treasury, which in turn sets the total voting rights at the same figure and marginally enhances existing shareholders’ proportional ownership and earnings per share.

The most recent analyst rating on (GB:OSB) stock is a Buy with a £732.00 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. It focuses on specialist lending and retail savings, with its shares traded on the London Stock Exchange under ISIN GB00BLDRH360, and is a constituent of the broader UK financials market.

Average Trading Volume: 805,048

Technical Sentiment Signal: Buy

Current Market Cap: £2.24B

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1