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On The Beach ( (GB:OTB) ) just unveiled an announcement.
On the Beach Group PLC has executed a share buyback program, repurchasing 240,000 ordinary shares at an average price of 246.25 pence per share on the London Stock Exchange. This move will reduce the total number of shares in circulation to 162,911,227, potentially enhancing shareholder value and indicating the company’s confidence in its financial health.
More about On The Beach
On the Beach Group PLC operates within the travel and tourism industry, primarily focusing on providing holiday packages. The company specializes in offering affordable beach holiday packages, making it a significant player in the UK travel market.
YTD Price Performance: -3.94%
Average Trading Volume: 1,035,180
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £399.2M
See more insights into OTB stock on TipRanks’ Stock Analysis page.
