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On The Beach ( (GB:OTB) ) has issued an announcement.
On The Beach Group PLC has executed a share buyback program, repurchasing 423,582 ordinary shares for cancellation on the London Stock Exchange, at a volume-weighted average price of 232.37 pence per share. This transaction reduces the Company’s total voting shares to 165,392,199, potentially impacting shareholder voting rights and reflecting strategic financial management aimed at enhancing shareholder value.
More about On The Beach
On the Beach Group PLC operates in the travel industry, specializing in providing beach holiday packages primarily through digital channels. The company focuses on offering competitive travel options to a broad market of holidaymakers.
YTD Price Performance: 34.30%
Average Trading Volume: 988,818
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £388.1M
Find detailed analytics on OTB stock on TipRanks’ Stock Analysis page.
