SSP Group Cancels Further Shares Under £100m Buyback Programme

SSP Group plc ( (GB:SSPG) ) has provided an update.

SSP Group plc has continued to execute its £100 million share repurchase programme, buying 230,000 ordinary shares on 9 January 2026 from Barclays Bank plc in on-exchange trades on the London Stock Exchange, at a volume-weighted average price of 198.0132 pence per share. Including this latest tranche, SSP has now acquired 12,156,922 shares for cancellation under the programme, reducing its share count to 792,249,274 ordinary shares in issue and maintaining no treasury shares, a move that tightens the share base and may enhance earnings per share and voting concentration for remaining shareholders.

The most recent analyst rating on (GB:SSPG) stock is a Hold with a £2.20 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 UK-listed operator of food and beverage outlets, primarily in travel locations such as airports and railway stations. The company focuses on providing branded and own-brand catering services to passengers across multiple international markets, positioning itself as a key player in the travel hospitality sector.

Average Trading Volume: 3,814,055

Technical Sentiment Signal: Hold

Current Market Cap: £1.57B

For detailed information about SSPG stock, go to TipRanks’ Stock Analysis page.