OSB Group PLC (GB:OSB) has released an update.
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OSB Group PLC has repurchased 286,900 of its ordinary shares on the London Stock Exchange as part of its ongoing share buyback program. The repurchased shares, which were acquired at an average price of approximately 375.62 pence, will be cancelled, reducing the total number of shares in issue to 376,427,109. This move is part of the company’s strategy to enhance shareholder value by reducing share count and increasing earnings per share.
For further insights into GB:OSB stock, check out TipRanks’ Stock Analysis page.
