The latest update is out from On The Beach ( (GB:OTB) ).
On the Beach Group PLC has executed a share buyback program, purchasing 200,000 ordinary shares for cancellation at an average price of 225.1407 pence per share on the London Stock Exchange. This move reduces the total number of shares in issue to 158,858,985, potentially impacting shareholder voting rights and signaling confidence in the company’s financial stability.
More about On The Beach
On the Beach Group PLC operates in the travel industry, primarily offering beach holiday packages. The company focuses on providing affordable travel options to popular beach destinations, leveraging online platforms to reach a broad customer base.
YTD Price Performance: -10.89%
Average Trading Volume: 991,882
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £350.7M
For detailed information about OTB stock, go to TipRanks’ Stock Analysis page.