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SSP Group Cancels Further Shares Under £100m Buyback Programme

Story Highlights
  • SSP Group repurchased 230,000 shares on 2 February 2026 for cancellation under its £100m buyback programme.
  • Total shares bought back now reach 15.8 million, reducing issued share capital to 788.7 million and concentrating voting rights for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SSP Group Cancels Further Shares Under £100m Buyback Programme

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An update from SSP Group plc ( (GB:SSPG) ) is now available.

SSP Group plc has repurchased 230,000 of its ordinary shares on 2 February 2026 from Barclays Bank plc for cancellation, as part of its previously announced £100 million share buyback programme. The shares were acquired on the London Stock Exchange at prices between 182.9p and 186.1p, with a volume-weighted average price of 184.5052p, bringing total repurchases under the programme to 15,827,924 shares and reducing the company’s issued share capital to 788,678,272 shares, all carrying voting rights and with no shares held in treasury, effectively concentrating ownership and potentially enhancing earnings per share for remaining investors.

The most recent analyst rating on (GB:SSPG) stock is a Hold with a £210.00 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 outlets, primarily serving the travel sector with brands and concessions across airports, rail stations and other transport hubs worldwide. The company focuses on providing branded and bespoke hospitality concepts to passengers, leveraging long-term contracts with transport infrastructure owners and operators.

Average Trading Volume: 4,212,466

Technical Sentiment Signal: Buy

Current Market Cap: £1.44B

Learn more about SSPG stock on TipRanks’ Stock Analysis page.

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