OSB Group PLC Announce Significant Share Buyback Activity

Author: Dylan Bailey Updated: 06-25-2025 02:17 AM

Overview of the OSB Group PLC Share Buyback

OSB GROUP PLC
ISIN: GB00BLDRH360

LEI number: 213800ZBKL9BHSL2K459

OSB GROUP PLC (the “Company”)

The Company has confirmed the purchase of its own shares through a strategic buyback program, reflecting a robust commitment to enhancing shareholder value. On a recent trading day, the Company acquired a total of 3,026 of its ordinary shares of £0.01 each on the London Stock Exchange, executed via Citigroup Global Markets Limited, which is the broker facilitating the transaction.

Details of the Share Buyback Program

The repurchased shares are slated for cancellation, which helps reduce the overall number of shares in circulation and potentially increases the value of remaining shares. This action was officially part of a broader share buyback program announced earlier by the Company.

Transaction Summary

Following the settlement of these purchases and the cancellation of the ordinary shares, the total shares issued by the Company stands at 364,980,165 ordinary shares. Notably, no shares are retained in treasury, meaning the total number of voting rights available for shareholders remains unchanged at 364,980,165.

Price Details of the Shares Purchased

During the trading session, the highest price paid for the ordinary shares was 509.00 pence, while the lowest price recorded was 504.50 pence. The volume-weighted average price for the shares acquired through this program was established at 507.26 pence, providing insights into the market conditions surrounding these transactions.

Impact on Shareholder Value

This buyback initiative is seen as a proactive measure to boost shareholder confidence and market performance. By reducing the supply of shares, OSB Group PLC seeks to enhance the value of each share, benefiting current shareholders.

Further Transaction Details

The Company meticulously follows regulations set out in Article 5(1)(b) of Regulation (EU) No 596/2014, as adapted into English law. The intricate details of individual trades made by Citigroup on behalf of OSB Group PLC are made available to emphasize transparency in the share buyback process.

Schedule of Purchases – Individual Transactions

OSB Group PLC and its intermediary, Citigroup Global Markets Limited, have provided a detailed schedule of each transaction, including time, price, volume, and trading venues. This level of detail assures shareholders of the diligence applied in executing the buyback.

Frequently Asked Questions

What is the purpose of OSB Group PLC's share buyback program?

The share buyback program aims to enhance shareholder value by reducing the number of shares outstanding, which can potentially increase the value of remaining shares.

How many shares did OSB Group PLC buy back?

The Company repurchased 3,026 ordinary shares of £0.01 each during the recent trading session.

What was the average price paid for the repurchased shares?

The volume-weighted average price paid per share was 507.26 pence.

What will happen to the shares purchased?

The repurchased shares are set to be cancelled, thereby reducing the total shares in circulation.

How does the buyback affect shareholders?

By executing the buyback, OSB Group PLC aims to boost shareholder confidence and may increase the value of the remaining shares available in the market.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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