OSB Group Concludes Own Share Purchase with Key Insights

OSB Group's Recent Transaction Overview
OSB GROUP PLC
ISIN: GB00BLDRH360
LEI number: 213800ZBKL9BHSL2K459
OSB GROUP PLC (the “Company”)
Transaction in Own Shares
Recently, OSB Group has taken a significant step forward in its financial strategy by conducting a buyback of its own shares. The bank repurchased a total of 3,619 ordinary shares, each valued at £0.01, on the London Stock Exchange and associated venues. This transaction underlines the company’s commitment to optimizing shareholder value.
Details of the Share Buyback Purchase
The repurchase, executed through Citigroup Global Markets Limited, saw the ordinary shares being bought at varying prices. The highest price paid was 566.50p per share, while the lowest stood at 564.00p. Notably, the overall volume-weighted average price paid was approximately 565.26p.
Background of the Share Buyback Program
This purchase is a part of the company's previously announced buyback program, initiated on March 13, 2025. The objective of this program is to enhance shareholder returns and reinforce investor confidence in OSB Group's financial stability.
Impact on Ordinary Shares and Voting Rights
With the completion of these transactions and the subsequent cancellation of the repurchased shares, OSB Group’s total ordinary shares in issue have been adjusted to 364,652,029. Importantly, the company holds no ordinary shares in treasury, ensuring the total number of voting rights remains at 364,652,029.
Transparency and Trade Breakdown
As per Article 5 of Regulation (EU) No 596/2014, detailed insights into the individual trades involved in the buyback are also accessible. This level of transparency is crucial for maintaining trust among investors and stakeholders, showcasing the company's dedication to fair trading practices.
Regulatory Considerations
This announcement does not serve as an offer or solicitation for securities in any jurisdiction, in compliance with prevailing regulations. OSB Group emphasizes adherence to regulations that govern trading activities, ensuring accountability and legality in all transactions.
Conclusion on OSB Group’s Strategic Move
The recent share buyback reflects OSB Group’s strategic outlook, aimed at fostering a stronger relationship with its shareholders by prioritizing their value. As the market adapts to changing economic conditions, the company’s commitment to enhancing shareholder returns demonstrates its proactive approach in maintaining a robust financial posture.
Frequently Asked Questions
What is the purpose of OSB Group's share buyback?
The buyback aims to enhance shareholder value and reinforce investor confidence in the company's financial health.
How many shares were repurchased by OSB Group?
OSB Group repurchased a total of 3,619 ordinary shares during this transaction.
What were the highest and lowest prices paid for the shares?
The shares were bought at a highest price of 566.50p and a lowest price of 564.00p each.
How many ordinary shares are currently in issue post-buyback?
Post-buyback, OSB Group has 364,652,029 ordinary shares in issue.
Who executed the buyback of shares for OSB Group?
The buyback was executed by Citigroup Global Markets Limited on behalf of OSB Group.
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