SSP Group Cancels Further Shares Under £100m Buyback Programme

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

SSP Group plc has repurchased 230,000 of its ordinary shares on 27 January 2026 from Barclays Bank plc for cancellation, as part of its ongoing £100 million share buyback programme launched in October 2025. The latest transaction, executed on the London Stock Exchange at a volume-weighted average price of 185.7617p per share, brings the total number of shares bought back under the programme to 14,912,547 and reduces the company’s shares in issue to 789,493,649, potentially enhancing earnings per share and consolidating remaining investors’ voting power.

The most recent analyst rating on (GB:SSPG) stock is a Hold with a £183.00 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 UK-listed operator of food and beverage concessions, primarily serving the travel sector through outlets in airports, railway stations and other transport hubs around the world. The company focuses on providing branded and bespoke catering concepts to passengers and commuters, positioning itself as a key player in the travel hospitality market.

Average Trading Volume: 4,184,719

Technical Sentiment Signal: Hold

Current Market Cap: £1.5B

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