On The Beach ( (GB:OTB) ) has shared an update.
On the Beach Group plc, a company operating in the travel industry, has announced the purchase and cancellation of 329,912 of its own ordinary shares on the London Stock Exchange. This transaction is part of the company’s share buyback program, which aims to reduce the number of shares in circulation, potentially increasing the value of remaining shares. Following this purchase, the total number of shares in issue is now 159,058,985, which represents the total voting rights in the company. This move could impact the company’s market positioning by increasing shareholder value and altering the ownership structure.
More about On The Beach
YTD Price Performance: -10.69%
Average Trading Volume: 1,124,888
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £360.6M
See more data about OTB stock on TipRanks’ Stock Analysis page.