OSB Group's Strategic Share Buyback Initiative Highlights

OSB Group Confirms Share Buyback Operation
OSB GROUP PLC
ISIN: GB00BLDRH360
Date of Announcement: July 25, 2025
LEI number: 213800ZBKL9BHSL2K459
OSB GROUP PLC (the 'Company')
Share Buyback Announcement
OSB Group PLC is pleased to announce that on July 24, 2025, the company acquired a total of 94,969 of its ordinary shares at a par value of £0.01 each on the London Stock Exchange, specifically through CBOE BXE and CBOE CXE venues. This was executed with the assistance of Citigroup Global Markets Limited. The shares repurchased will subsequently be cancelled.
Details of the Purchase
The share purchase is part of a broader share buyback program that OSB Group had disclosed on March 13, 2025. This program is geared toward maximizing shareholder value by reducing the number of shares in circulation, thus potentially enhancing earnings per share.
Operational Metrics from the Buyback
Following the completion of the recent purchases and the cancellation of the acquired ordinary shares, OSB Group expects its total number of ordinary shares issued to stand at 364,418,677. Notably, there are no shares held in treasury, which implies that the total number of voting rights with respect to ordinary shares remains at 364,418,677.
Regulatory Compliance and Details
In compliance with Article 5(1)(b) of Regulation (EU) No 596/2014, incorporated into English law, a detailed breakdown of the individual trades executed by Citigroup Global Markets Limited on behalf of OSB Group during the share buyback program is as follows:
Breakdown of Individual Transactions
Issuer Name | OSB GROUP PLC |
LEI | 213800ZBKL9BHSL2K459 |
ISIN | GB00BLDRH360 |
Intermediary Name | Citigroup Global Markets Limited |
Intermediary Code | SBILGB2L |
Timezone | GMT+1 |
Currency | GBP |
Transaction Summary
Transaction Date | Trade Time | Currency | Volume | Price | Trading Venue | Transaction ID |
24-07-2025 | 16:26:44 | GBp | 161 | 557.50 | XLON | xeaNoKLHF4j |
24-07-2025 | 16:26:44 | GBp | 130 | 557.50 | XLON | xeaNoKLHF4l |
24-07-2025 | 16:26:44 | GBp | 303 | 557.50 | XLON | xeaNoKLHF4n |
24-07-2025 | 16:26:06 | GBp | 318 | 557.00 | XLON | xeaNoKLHCk$ |
The transparent nature of these transactions reinforces OSB Group's commitment to acting in the best interests of its shareholders.
Conclusion
With strategic initiatives like this buyback, OSB Group is actively managing its capital in a way that underscores its dedication to increasing shareholder value. The approach taken not only reflects confidence in its ongoing business model but also shows a proactive stance in capital management.
Frequently Asked Questions
What is the purpose of the share buyback program?
The share buyback program is designed to enhance shareholder value by reducing the number of shares available in the market, thereby potentially increasing earnings per share.
How many shares has OSB Group repurchased in this program?
OSB Group has repurchased a total of 94,969 ordinary shares as part of this buyback initiative.
What is the current number of voting rights for OSB Group?
As of now, the total number of voting rights within OSB Group remains at 364,418,677 ordinary shares.
Who conducted the repurchase transactions?
The repurchase transactions were conducted by Citigroup Global Markets Limited on behalf of OSB Group.
When was the share buyback program announced?
The share buyback program was initially announced on March 13, 2025.
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