OSB Group PLC Takes Big Steps with Own Shares Transaction
OSB Group PLC Announces Own Shares Transaction
OSB GROUP PLC
ISIN: GB00BLDRH360
LEI number: 213800ZBKL9BHSL2K459
In an important move to enhance shareholder value, OSB Group PLC has recently completed a transaction in its own shares, demonstrating its commitment to shareholders. This decision aligns with the company’s ongoing strategies to strengthen its market position.
Details of the Share Purchase
On May 8, 2025, OSB Group PLC made a noteworthy purchase of 33,379 of its ordinary shares, priced at £0.01 each. This transaction was conducted through Citigroup Global Markets Limited across several trading venues, including the London Stock Exchange, CBOE BXE, and CBOE CXE. Following the completion of this buyback, the repurchased shares will be canceled, reducing the total number of shares in circulation.
Share Purchase Statistics
- Number of shares purchased: 33,379
- Highest price paid (per share): 485.00p
- Lowest price paid (per share): 483.40p
- Volume weighted average price paid: 484.65p
Implications for Shareholders
As a result of this transaction, the total number of OSB Group’s ordinary shares in circulation will now stand at 367,330,552. Notably, the company does not hold any ordinary shares in treasury, meaning all shares are actively voting, positively impacting shareholder representation moving forward.
Background on the Buyback Program
This share repurchase is part of OSB Group’s broader share buyback program announced earlier. This ongoing initiative reflects OSB's confidence in its business model and its desire to reward shareholders through effective capital allocation strategies.
Conclusion
OSB Group PLC’s recent transaction in its own shares signifies a robust step towards enhancing shareholder value and optimizing its capital structure. By actively managing its share base, OSB not only strengthens its market position but also underscores its commitment to delivering value for its investors.
Frequently Asked Questions
What prompted OSB Group PLC to buy back its shares?
The decision to purchase its own shares is part of a broader strategy to enhance shareholder value and improve capital efficiency.
How many shares did OSB Group PLC buy back?
The company repurchased a total of 33,379 ordinary shares during this transaction.
What was the highest price paid for the shares?
The highest price paid per ordinary share was 485.00p.
Will the repurchased shares remain in circulation?
No, the repurchased shares will be canceled following this transaction.
What is the total number of shares in circulation after the buyback?
After the buyback and cancellation, the total number of ordinary shares in circulation will be 367,330,552.
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