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SSP Group Continues £100m Buyback, Cuts Share Count to 791.6m

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SSP Group Continues £100m Buyback, Cuts Share Count to 791.6m

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SSP Group plc ( (GB:SSPG) ) has issued an update.

SSP Group plc has continued to execute its £100 million share repurchase programme, buying 230,000 ordinary shares on 14 January 2026 from Barclays Bank plc in an on-exchange transaction on the London Stock Exchange at a volume-weighted average price of 188.2851 pence per share. The latest purchase brings the total number of shares bought back and cancelled under the programme to 12,846,922, reducing the company’s share count to 791,559,274 ordinary shares in issue and maintaining no treasury shares, thereby consolidating voting rights and potentially enhancing earnings per share for remaining investors.

The most recent analyst rating on (GB:SSPG) stock is a Hold with a £2.20 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 concessions, primarily serving the travel sector through restaurants, bars, cafés and other outlets in airports, railway stations and other transport hubs worldwide.

Average Trading Volume: 4,068,437

Technical Sentiment Signal: Buy

Current Market Cap: £1.56B

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

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