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The latest announcement is out from On The Beach ( (GB:OTB) ).
On the Beach Group PLC has recently executed a share buyback, purchasing and canceling 317,430 of its own ordinary shares on the London Stock Exchange, with a volume-weighted average price of 238.45 pence per share. This move reduces the total number of shares in issue to 161,890,716, potentially impacting shareholder voting rights calculations and reflecting the company’s strategic initiative to manage its equity structure.
More about On The Beach
On the Beach Group PLC operates within the travel industry, specializing in holiday and travel services. The company primarily focuses on online sales of beach holidays, offering packages and services to customers looking for vacation experiences.
YTD Price Performance: -7.48%
Average Trading Volume: 1,060,729
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £382M
For an in-depth examination of OTB stock, go to TipRanks’ Stock Analysis page.
