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SSP Group Continues £100m Buyback, Cuts Share Count to 775.9m

Story Highlights
  • SSP Group repurchased 1,538,642 shares in April under its £100 million buyback programme.
  • Total cancelled shares now exceed 28.6 million, reducing SSP’s share count to about 775.9 million.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SSP Group Continues £100m Buyback, Cuts Share Count to 775.9m

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SSP Group plc ( (GB:SSPG) ) just unveiled an announcement.

SSP Group plc has continued to execute its £100 million share repurchase programme, buying 1,538,642 ordinary shares for cancellation between 20 and 24 April 2026 at a volume-weighted average price of 186.1755 pence. All trades were conducted on the London Stock Exchange via Barclays Bank plc, reflecting the company’s ongoing effort to return capital to shareholders.

Following these latest purchases, SSP has now cancelled a total of 28,642,135 shares under the programme, reducing its shares in issue to 775,864,061 and confirming it holds no shares in treasury. The reduction in share count increases the relative ownership of remaining investors and may enhance per-share metrics, underlining management’s confidence in the business and its capital allocation strategy.

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 SSPG Stock

According to Spark, TipRanks’ AI Analyst, 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 SSPG stock, click here.

More about SSP Group plc

SSP Group plc is a U.K.-listed operator of food and beverage outlets, primarily in travel locations such as airports and railway stations. The company focuses on serving passengers and commuters through branded and own-concept restaurants, cafes and bars across international transport hubs, making it a proxy for global travel and transit spending.

Average Trading Volume: 3,808,656

Technical Sentiment Signal: Hold

Current Market Cap: £1.38B

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

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