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On the Beach Group PLC Executes Share Buyback, Reducing Share Count

Story Highlights
  • On the Beach Group PLC operates in the travel industry, offering beach holiday packages.
  • The company has bought back and canceled 159,000 shares, affecting its total share count and voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
On the Beach Group PLC Executes Share Buyback, Reducing Share Count

On The Beach ( (GB:OTB) ) has shared an announcement.

On the Beach Group PLC has announced the purchase and cancellation of 159,000 ordinary shares on the London Stock Exchange, as part of its share buyback program. This transaction reduces the total number of shares in circulation to 159,856,058, which impacts the company’s voting rights and may influence shareholder interests under the Financial Conduct Authority’s rules.

More about On The Beach

On the Beach Group PLC operates in the travel industry, focusing on providing beach holiday packages. The company is known for its online platform that allows customers to book affordable vacation packages, primarily targeting the UK market.

YTD Price Performance: -11.69%

Average Trading Volume: 1,192,947

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £356.4M

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

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