OSB Group PLC Executes Share Buyback, Cancelling 159,791 Shares

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

OSB Group PLC has repurchased 159,791 of its ordinary shares as part of its share buyback program, which was announced in March 2025. This transaction, conducted through Citigroup Global Markets Limited, will result in the cancellation of these shares, thereby reducing the total number of shares in issue to 366,716,124, which may impact the company’s market value and shareholder equity.

The most recent analyst rating on (GB:OSB) stock is a Buy with a £600.00 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 Outperform.

OSB Group PLC demonstrates robust financial health and strategic initiatives such as debt elimination and share buybacks, which enhance its attractiveness. The stock’s low valuation and high dividend yield further bolster its appeal. However, caution is warranted due to potential short-term technical risks indicated by overbought signals.

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

More about OSB Group PLC

Average Trading Volume: 992,839

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.74B

Find detailed analytics on OSB stock on TipRanks’ Stock Analysis page.