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SSP Group Continues £100m Buyback, Cancels Further 230,000 Shares

Story Highlights
  • SSP Group repurchased 230,000 shares on 6 January 2026 under its ongoing £100 million buyback programme.
  • The company has cancelled over 11.4 million shares to date, cutting the share count to about 793 million and potentially boosting EPS for remaining investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SSP Group Continues £100m Buyback, Cancels Further 230,000 Shares

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

SSP Group plc has continued to execute its previously announced £100 million share repurchase programme, buying back 230,000 ordinary shares on 6 January 2026 from Barclays Bank plc in on-exchange transactions on the London Stock Exchange, at a volume-weighted average price of 196.8398 pence per share for cancellation. The company has now repurchased a total of 11,466,922 shares under the programme, reducing its share count to 792,939,274 ordinary shares in issue and leaving no shares held in treasury, a move that effectively concentrates voting rights and may enhance earnings per share for remaining investors as the buyback progresses.

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 U.K.-listed operator of food and beverage outlets in travel locations such as airports and railway stations, providing branded and bespoke catering services to passengers and commuters worldwide.

Average Trading Volume: 3,689,054

Technical Sentiment Signal: Hold

Current Market Cap: £1.6B

For a thorough assessment of SSPG stock, go to TipRanks’ Stock Analysis page.

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