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

Story Highlights
  • SSP Group repurchased 230,000 shares on 23 January 2026 under its ongoing £100 million buyback programme.
  • Cancellation of these shares cuts the share count to about 789.95 million, supporting capital return and earnings per share.
  • 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 £100 million share repurchase programme, buying back 230,000 ordinary shares on 23 January 2026 from Barclays Bank plc via on-exchange transactions on the London Stock Exchange at a volume-weighted average price of 193.5339p per share. The repurchased shares, which bring total buybacks under the programme to 14,452,547 shares, will be cancelled, reducing the company’s share count to 789,953,649 ordinary shares in issue and potentially enhancing earnings per share and capital returns for existing shareholders, while confirming SSP’s commitment to ongoing balance sheet and capital structure management.

The most recent analyst rating on (GB:SSPG) stock is a Buy with a £220.00 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 in travel locations such as airports and railway stations, providing branded and bespoke catering concepts to passengers worldwide.

Average Trading Volume: 4,152,808

Technical Sentiment Signal: Hold

Current Market Cap: £1.51B

See more insights into SSPG stock on TipRanks’ Stock Analysis page.

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