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SSP Group Continues £100m Buyback with Further Share Cancellation

Story Highlights
  • SSP Group repurchased 230,000 shares on 12 January 2026 under its £100m buyback programme.
  • Total shares cancelled now exceed 12.3m, cutting the share count to 792m and modestly boosting EPS for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SSP Group Continues £100m Buyback with Further Share Cancellation

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

SSP Group plc has continued to execute its previously announced £100 million share repurchase programme, buying 230,000 ordinary shares for cancellation on 12 January 2026 in on-exchange transactions with Barclays Bank plc at a volume-weighted average price of 199.71 pence per share. The latest buyback takes the total number of shares cancelled under the programme to 12,386,922, reducing the company’s share count to 792,019,274 and leaving no shares held in treasury, a move that marginally enhances earnings per share and signals ongoing capital returns to shareholders while tightening the company’s free-float base.

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 outlets primarily in travel locations such as airports, railway stations and motorway service areas. The group runs a portfolio of branded and own-concept restaurants, bars, cafés and food-to-go units, serving travelling customers across multiple international markets.

Average Trading Volume: 3,791,874

Technical Sentiment Signal: Hold

Current Market Cap: £1.57B

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

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