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On the Beach Group PLC Executes Share Buyback

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On the Beach Group PLC Executes Share Buyback

An announcement from On The Beach ( (GB:OTB) ) is now available.

On the Beach Group PLC announced the purchase and cancellation of 136,000 of its own ordinary shares on the London Stock Exchange, as part of its share buyback program. This transaction reduces the total number of shares in issue to 160,280,058, potentially impacting shareholder voting rights and signaling the company’s commitment to enhancing shareholder value.

More about On The Beach

On the Beach Group PLC is a company operating in the travel industry, primarily focusing on providing beach holiday packages. It is listed on the London Stock Exchange and targets customers seeking affordable and convenient vacation options.

YTD Price Performance: -6.13%

Average Trading Volume: 1,099,078

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £379.7M

Find detailed analytics on OTB stock on TipRanks’ Stock Analysis page.

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