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OSB Group PLC ( (GB:OSB) ) has issued an update.
OSB Group PLC announced the repurchase of 1,159 of its ordinary shares as part of its ongoing share buyback program, initially announced in September 2024. The repurchased shares, which will be canceled, reflect the company’s strategy to manage its capital structure effectively, resulting in a total of 370,037,551 ordinary shares in issue. This transaction underscores OSB Group’s commitment to optimizing shareholder value and maintaining a robust balance sheet.
More about OSB Group PLC
OSB Group PLC operates in the financial services industry, primarily focusing on banking and lending services. The company engages in offering a range of financial products, including mortgages and savings accounts, targeting individuals and businesses within the United Kingdom.
YTD Price Performance: -2.03%
Average Trading Volume: 866,367
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.47B
Learn more about OSB stock on TipRanks’ Stock Analysis page.
