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On The Beach ( (GB:OTB) ) has shared an announcement.
On the Beach Group plc has announced a repurchase and cancellation of 150,000 of its ordinary shares, executed through Deutsche Numis on the London Stock Exchange. This move reduces the company’s total voting shares to 161,698,023, potentially impacting shareholder calculations under the Financial Conduct Authority’s rules and reflecting the company’s ongoing strategic management of its share capital.
More about On The Beach
On the Beach Group plc operates in the travel and tourism industry, offering holiday packages and related services primarily through online platforms. The company focuses on providing affordable vacation options to a broad market segment, mainly targeting UK-based consumers.
YTD Price Performance: -6.89%
Average Trading Volume: 1,078,849
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £378M
For detailed information about OTB stock, go to TipRanks’ Stock Analysis page.
