OSB Group PLC repurchases 252,819 ordinary shares, cancels them.

OSB Group PLC has purchased 252,819 of its ordinary shares through Citigroup Global Markets Limited on the London Stock Exchange, CBOE BXE, and CBOE CXE. The repurchased shares will be canceled. The transaction is part of the company's share buyback program announced on March 13, 2025.

OSB Group PLC has announced a significant transaction in its own shares, marking a strategic move within its ongoing share buyback program. On August 28, 2025, the company purchased 252,819 ordinary shares at various prices through Citigroup Global Markets Limited on the London Stock Exchange, CBOE BXE, and CBOE CXE. These shares will be canceled post-settlement, as per the company’s share buyback program initiated on March 13, 2025.

The share buyback program aims to enhance shareholder value by reducing the number of outstanding shares, potentially increasing the value per share. The highest price paid per share was 549.50p, while the lowest was 541.50p. The volume-weighted average price paid per share was 546.51p for the London Stock Exchange and 546.27p for CBOE BXE and CXE.

The transaction is part of a broader strategy to optimize the company's capital structure and align interests with shareholders. Following the settlement and cancellation of the purchased shares, the total number of ordinary shares in issue will decrease to 362,730,253, with no ordinary shares held in treasury. Consequently, the total number of voting rights in the company will also decrease to 362,730,253.

This announcement underscores OSB Group PLC's commitment to shareholder value and its proactive approach to managing its capital structure. The detailed breakdown of individual trades made by Citigroup Global Markets Limited is available in the company's official announcement [1].

References:
[1] https://www.globenewswire.com/news-release/2025/08/29/3141278/0/en/Transaction-in-own-shares.html