OSB Group PLC Announces Share Buyback Transactions
Financial News Update: June 25, 2025
OSB Group PLC, a prominent financial institution in the United Kingdom, has recently executed transactions in its own shares as part of its ongoing share buyback programme. The company, which operates in the financial sector and is listed on the London Stock Exchange, has been actively repurchasing its shares to potentially enhance shareholder value.
Recent Transactions
On June 24, 2025, OSB Group PLC announced the purchase of 117,723 ordinary shares at a volume-weighted average price of 497.83p per share. This transaction was conducted on the London Stock Exchange, with the highest price paid being 499.40p and the lowest at 494.20p per share. Following this purchase, the total number of ordinary shares in issue was adjusted to 364,983,191, with no shares held in treasury, maintaining the total number of voting rights at 364,983,191.
Subsequently, on June 25, 2025, the company further announced the acquisition of 3,026 ordinary shares. These shares were purchased at a volume-weighted average price of 507.26p, with the highest price paid reaching 509.00p and the lowest at 504.50p per share. This transaction also took place on the London Stock Exchange. After the settlement and cancellation of these shares, the total number of ordinary shares in issue was reduced to 364,980,165, with the total number of voting rights remaining unchanged.
Share Buyback Programme
Both transactions are part of a share buyback programme initially announced on March 13, 2025. The programme aims to repurchase shares from the open market, thereby potentially increasing the value of remaining shares and providing a return to shareholders.
Company Overview
OSB Group PLC operates within the financial sector, offering services such as commercial mortgages, asset finance, retail savings, and loans to non-bank finance companies. The company is listed on the London Stock Exchange with an ISIN of GB00BLDRH360 and trades in GBP. As of June 23, 2025, the close price of the company’s shares was 514p, with a 52-week high of 533.5p and a low of 343.6p. The market capitalization stands at 1.8 billion GBP, and the price-to-earnings ratio is 6.33.
These share buyback activities reflect OSB Group PLC’s strategic financial management and commitment to enhancing shareholder value.