On The Beach ( (GB:OTB) ) has shared an announcement.
On the Beach Group plc has announced the repurchase and cancellation of 133,000 of its ordinary shares through Deutsche Numis, with transactions occurring on the London Stock Exchange at prices ranging from 237.5p to 246p per share. This move, reducing the number of shares in issue to 160,416,058, is part of the company’s share buyback programme and could potentially influence shareholder value and voting rights.
More about On The Beach
On the Beach Group plc operates in the travel and tourism industry, primarily focusing on providing beach holiday packages. The company is known for its online travel agency services, catering to the needs of customers seeking affordable and convenient beach vacations.
YTD Price Performance: -6.13%
Average Trading Volume: 1,099,078
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £379.7M
See more data about OTB stock on TipRanks’ Stock Analysis page.