SSP Group Cuts Share Count Further with Ongoing Buyback

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

SSP Group plc has continued to execute its £100 million share repurchase programme, buying 225,491 ordinary shares for cancellation on 4 March 2026 at a volume-weighted average price of 189.9670 pence. All shares were acquired on-exchange from Barclays Bank plc under the London Stock Exchange rules.

In total, SSP has now repurchased 20,472,660 shares under the programme, reducing its share count to 784,033,536 ordinary shares in issue and leaving no treasury shares. The lower share base increases the company’s earnings per share potential and consolidates voting power among remaining investors, signalling sustained capital-return efforts to shareholders.

The most recent analyst rating on (GB:SSPG) stock is a Buy with a £245.00 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 bespoke restaurants, bars, cafes and food outlets in airports, railway stations and other transport hubs. The London-listed company focuses on serving passengers and commuters globally, with its performance closely tied to travel flows and concession contracts at major transport locations.

Average Trading Volume: 4,699,352

Technical Sentiment Signal: Buy

Current Market Cap: £1.49B

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