SSP Group plc (SSPG.L), an operator of food and beverage outlets in travel locations, on Thursday announced an on-market share buyback programme of up to 100 million pounds.
The programme will start immediately and run until October 9, 2026.
The company said the move reflect a strong balance sheet and the Board's confidence in the company's prospects for the full year of 2026.
Barclays Bank PLC will execute the purchases on the company's behalf, initially acquiring up to 80,057,619 shares under the authority granted at the 2025 AGM.
The company also mentioned that the shares purchased will be canceled, and continuation of the Programme after the 2025 Authority expiry will require shareholder approval at the 2026 AGM.
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