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

Story Highlights
  • SSP Group repurchased 230,000 shares on 6 February 2026 under its £100 million buyback, cancelling them after purchase.
  • Total buybacks now reach 16.7 million shares, cutting SSP’s share count to about 787.8 million and marginally boosting remaining holders’ stakes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SSP Group Continues £100m Buyback, Cancels Further 230,000 Shares

Meet Samuel – Your Personal Investing Prophet

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

SSP Group plc has continued to execute its previously announced £100 million share repurchase programme, buying 230,000 ordinary shares on 6 February 2026 from Barclays Bank plc via on-exchange transactions. The shares, acquired at a volume-weighted average price of 185.2767 pence, have been purchased for cancellation, reflecting ongoing capital return to shareholders.

In aggregate, SSP has now repurchased 16,747,924 shares for cancellation under the programme, reducing its share count and potentially enhancing earnings per share over time. Following the latest cancellations, the company’s issued share capital stands at 787,758,272 ordinary shares, all of which carry voting rights, with no shares held in treasury, slightly increasing the ownership percentage of remaining investors.

The most recent analyst rating on (GB:SSPG) stock is a Hold with a £181.00 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 U.K.-listed operator of food and beverage concessions, primarily serving the travel sector through outlets in airports, railway stations and other transport hubs worldwide. The company focuses on branded foodservice offerings tailored to high-footfall locations, leveraging long-term contracts and partnerships with transport operators to capture passenger spending.

Average Trading Volume: 4,314,313

Technical Sentiment Signal: Buy

Current Market Cap: £1.47B

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

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