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SSP Group Continues £100m Buyback With Further Share Cancellations

Story Highlights
  • SSP Group repurchased and cancelled 230,000 shares as part of its £100m buyback, lifting total repurchases to nearly 17.9 million shares.
  • The cancellations cut SSP’s shares in issue to about 786.6 million, boosting existing investors’ ownership stakes and potentially supporting earnings per share.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SSP Group Continues £100m Buyback With Further Share Cancellations

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The latest update is out from SSP Group plc ( (GB:SSPG) ).

SSP Group plc has continued its £100 million share repurchase programme, buying 230,000 ordinary shares on 13 February 2026 from Barclays Bank as on-exchange transactions and cancelling them. The latest purchases bring total buybacks under the programme to 17,891,509 shares, reducing the number of shares in issue to 786,614,687 and marginally increasing existing shareholders’ proportional ownership and voting power.

By shrinking its free-float through cancellations rather than holding shares in treasury, SSP is signalling confidence in its valuation and future cash generation. The ongoing buyback may provide incremental support to the share price and adjusts the company’s capital structure in favour of equity holders, with implications for earnings per share and longer-term returns.

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 operates in the travel food and beverage sector, running branded and own-concept restaurants, cafés and bars across airports, rail stations and other travel locations. Listed on the London Stock Exchange, it focuses on serving passengers in global transport hubs, making its capital allocation and share structure decisions closely watched by investors.

Average Trading Volume: 4,530,307

Technical Sentiment Signal: Buy

Current Market Cap: £1.48B

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

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