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SSP Group Shrinks Share Base as £100m Buyback Progresses

Story Highlights
  • SSP Group repurchased 230,000 shares on 5 March 2026 under its ongoing £100 million buyback plan.
  • Total buybacks now reach 20.7 million shares, cutting SSP’s share count to about 783.8 million in issue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SSP Group Shrinks Share Base as £100m Buyback Progresses

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

SSP Group has continued executing its £100 million share repurchase programme, buying 230,000 ordinary shares on 5 March 2026 from Barclays Bank via on-exchange trades on the London Stock Exchange for cancellation. The shares were acquired at prices between 187.8p and 192.8p, at a volume-weighted average of 191.3839p.

Following this latest tranche, SSP has now bought back a total of 20,702,660 shares for cancellation under the programme, reducing its share count to 783,803,536 ordinary shares in issue. The buyback, which eliminates treasury holdings and sets total voting rights equal to shares outstanding, reflects ongoing capital return to investors and may enhance earnings per share for remaining 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 is a U.K.-listed operator of food and beverage concessions, primarily serving the travel sector through outlets in airports, railway stations and other transport hubs worldwide. The company focuses on branded and own-concept restaurants, cafés and bars tailored to high-footfall travel locations, generating revenues largely from passenger traffic and related consumer spending.

Average Trading Volume: 4,699,352

Technical Sentiment Signal: Buy

Current Market Cap: £1.49B

For an in-depth examination of SSPG stock, go to TipRanks’ Overview page.

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