SSP Group Continues £100m Buyback, Cuts Share Count to 787.3m

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

SSP Group plc has continued to execute its £100 million share repurchase programme, buying 226,973 ordinary shares on 10 February 2026 from Barclays Bank plc in on-exchange trades on the London Stock Exchange. The shares, acquired at a volume-weighted average price of 186.9960p, are being cancelled, reflecting ongoing capital management efforts.

In total, SSP has now repurchased 17,203,368 shares for cancellation under the programme, reducing the number of ordinary shares in issue to 787,302,828. The company holds no treasury shares, so the total voting rights now match the shares in issue, marginally increasing existing shareholders’ proportional ownership and potentially supporting earnings per share.

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 outlets in travel locations such as airports and railway stations. The company runs branded and own-concept restaurants, cafés and bars, focusing on serving passengers and commuters across international transport hubs.

Average Trading Volume: 4,355,781

Technical Sentiment Signal: Buy

Current Market Cap: £1.47B

Learn more about SSPG stock on TipRanks’ Stock Analysis page.