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On the Beach Group PLC Announces Share Buyback and Cancellation
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On the Beach Group PLC Announces Share Buyback and Cancellation

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On The Beach ( (GB:OTB) ) just unveiled an update.

On the Beach Group PLC has announced the purchase and cancellation of 160,219 of its own shares on the London Stock Exchange. This move reduces the total number of shares in issue to 164,798,464, which will influence shareholder voting rights and may impact the company’s stock liquidity and market perception.

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 and customized beach vacations to various destinations for its customers.

YTD Price Performance: 40.05%

Average Trading Volume: 1,021,898

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £402.7M

For an in-depth examination of OTB stock, go to TipRanks’ Stock Analysis page.

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