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SSP Group Advances £100m Buyback as Share Count Falls to 786.8m

Story Highlights
  • SSP Group repurchased 228,141 shares under its £100m buyback, cutting total shares to about 786.8 million.
  • The ongoing programme has retired 17.7 million shares, tightening the equity base and supporting remaining investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SSP Group Advances £100m Buyback as Share Count Falls to 786.8m

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The latest update is out from SSP Group plc ( (GB:SSPG) ).

SSP Group plc has continued executing its previously announced £100 million share repurchase programme, buying 228,141 ordinary shares on 12 February 2026 from Barclays Bank plc in an on-exchange transaction on the London Stock Exchange. The shares, acquired at a volume-weighted average price of about 186 pence, will be cancelled, reducing the number of ordinary shares in issue to 786,844,687 and confirming that the company holds no treasury shares.

In aggregate, SSP has now repurchased 17,661,509 shares under the programme, consolidating its equity base and modestly enhancing earnings per share for remaining investors. The ongoing buyback underscores management’s capital allocation priorities and signals confidence in the company’s long-term prospects, while clarifying the updated total voting rights for shareholders and market participants.

The most recent analyst rating on (GB:SSPG) stock is a Hold with a £181.00 price target. To see the full list of analyst forecasts on SSP Group plc stock, see the GB:SSPG Stock Forecast page.

Spark’s Take on GB:SSPG Stock

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

The overall stock score for SSP Group plc is primarily influenced by financial performance challenges, including slow revenue growth and high leverage. Technical analysis shows strong momentum, but overbought conditions suggest caution. Valuation concerns due to a negative P/E ratio further impact the score.

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

More about SSP Group plc

SSP Group plc operates in the food and beverage concessions sector, primarily running branded and own-brand restaurants, cafes, bars, and food outlets in travel locations such as airports and railway stations. The group focuses on serving on-the-go passengers and commuters, positioning itself as a key operator in the global travel retail and food service market.

Average Trading Volume: 4,493,894

Technical Sentiment Signal: Buy

Current Market Cap: £1.48B

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

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