SSP Group Cancels Further Shares Under £100m Buyback Programme

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

SSP Group plc said it bought 230,000 of its own ordinary shares on 27 February 2026 from Barclays Bank as part of its previously announced £100 million share buyback programme. The shares, acquired via on-exchange transactions on the London Stock Exchange at a volume-weighted average price of 205.3966p, will be cancelled.

Following this latest tranche, SSP has repurchased a total of 19,787,169 shares for cancellation under the programme, reducing the number of shares in issue to 784,719,027. The company confirmed it holds no shares in treasury, leaving the total number of voting rights aligned with the new shares-in-issue figure, which marginally enhances existing shareholders’ proportionate ownership.

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 UK-listed operator of food and beverage outlets, primarily serving the travel sector in locations such as airports and railway stations. The company focuses on providing branded and bespoke hospitality concepts to passengers, partnering with global and local brands across its estate.

Average Trading Volume: 4,816,396

Technical Sentiment Signal: Buy

Current Market Cap: £1.61B

See more data about SSPG stock on TipRanks’ Stock Analysis page.