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SSP Group Continues £100m Buyback With Further Share Cancellation

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SSP Group Continues £100m Buyback With Further Share Cancellation

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

SSP Group plc has repurchased 230,000 of its ordinary shares on 21 January 2026 from Barclays Bank plc as part of its ongoing £100 million share buyback programme, paying a volume-weighted average price of 190.8461 pence per share. The latest transaction brings the total number of shares bought back for cancellation under the programme to 13,992,547, reducing the company’s shares in issue to 790,413,649 and maintaining no treasury shares, a move that tightens the share base and may enhance earnings per share and shareholder value over time.

The most recent analyst rating on (GB:SSPG) stock is a Hold with a £180.00 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 company that operates food and beverage outlets, primarily in travel locations such as airports and railway stations. Its business focuses on providing branded and bespoke restaurant, café and bar concepts to passengers and commuters across international transport hubs.

Average Trading Volume: 3,961,965

Technical Sentiment Signal: Buy

Current Market Cap: £1.52B

For detailed information about SSPG stock, go to TipRanks’ Stock Analysis page.

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