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SSP Group Continues £100m Buyback, Cuts Share Count to 789.3m

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SSP Group Continues £100m Buyback, Cuts Share Count to 789.3m

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

SSP Group plc has continued executing its £100 million share repurchase programme, buying 225,377 ordinary shares on 28 January 2026 from Barclays Bank plc in on-exchange transactions on the London Stock Exchange for cancellation at a volume-weighted average price of 183.7422 pence per share. In total, the company has now acquired 15,137,924 shares under the programme, reducing its share count to 789,268,272 in issue with no treasury shares, a move that increases earnings per share potential and signals ongoing capital return to shareholders while slightly concentrating voting rights among remaining investors.

The most recent analyst rating on (GB:SSPG) stock is a Hold with a £183.00 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, primarily serving the travel sector through concessions in airports, rail stations and other transport hubs worldwide. The company focuses on branded and bespoke restaurant, café and bar concepts tailored to high-footfall, on-the-go customers.

Average Trading Volume: 4,192,940

Technical Sentiment Signal: Buy

Current Market Cap: £1.5B

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

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