SSP Group Advances £100m Buyback With Further Share Cancellation

SSP Group plc ( (GB:SSPG) ) has issued an announcement.

SSP Group has continued executing its previously announced £100 million share repurchase programme, buying 230,000 ordinary shares for cancellation on 24 February 2026 from Barclays Bank via on-exchange transactions on the London Stock Exchange. The shares were acquired at prices between 198.10p and 202.20p, with a volume-weighted average price of 201.0896p, indicating an ongoing capital management effort aimed at reducing share count.

Following this latest transaction, SSP has now repurchased a total of 19,099,298 shares under the programme, and its issued share capital will stand at 785,406,898 ordinary shares, all carrying voting rights. The absence of any treasury shares means the reduction in shares directly increases the relative ownership stakes of remaining shareholders and may support earnings per share over time.

The most recent analyst rating on (GB:SSPG) stock is a Buy with a £245.00 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 is a U.K.-listed operator of food and beverage outlets, primarily serving the travel sector through concessions at airports, railway stations and other transport hubs. The company focuses on providing branded and own-concept dining and retail offerings to passengers and commuters across its international network.

Average Trading Volume: 4,760,650

Technical Sentiment Signal: Hold

Current Market Cap: £1.58B

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