On The Beach Group (OTB) Completes Buyback of 263,460 Shares at 185.01p Average Price Under June 2026 Repurchase Plan

On The Beach Group plc (OTB), the UK-based online beach holiday retailer, has completed the purchase and cancellation of 263,460 ordinary shares between 1 and 4 September 2026 as part of its ongoing buyback programme. These transactions were carried out via broker Peel Hunt on the London Stock Exchange at a volume weighted average price of 185.01p per share. After cancellations, the company's total shares outstanding now amount to 142,362,749, which also represents the total voting rights in the firm. Key Highlights On The Beach Group plc (OTB) 6 UK-listed specialist in online beach holidays 263,460 ordinary shares repurchased and cancelled between 1-4 September 2026 through Peel Hunt on the London Stock Exchange Volume weighted average price of 185.01p; share price ranged from 181.00p to 192.00p during the buyback; total shares outstanding now 142,362,749 Investors should monitor upcoming buyback tranches under the programme announced on 8 June 2026 The company acquired 1p ordinary shares over four consecutive trading days, purchasing 77,895 shares on 1 September, 79,056 on 2 September, 80,452 on 3 September, and 26,057 on 4 September. The daily weighted average price ranged from 181.99p on 3 September to 188.37p on 1 September, showing slight intraday price fluctuations. All trades were conducted on the London Stock Exchange under ticker XLON, with Peel Hunt serving as the broker throughout the buyback programme. Share Price Varied Between 181.00p and 192.00p During Buyback Period During the four-day repurchase window, the lowest price paid per share was 181.00p on 3 September 2026, while the highest was 192.00p on 1 September 2026. The overall volume weighted average price across all transactions was 185.01p. Trade sizes varied significantly, from small lots under 100 shares to large blocks such as 61,666 shares on 1 September and 50,000 shares on 2 September, indicating Peel Hunt employed a mix of block and smaller market orders to efficiently execute the programme. Buyback Part of Share Repurchase Programme Announced on 8 June 2026 These share purchases are part of the broader buyback initiative publicly announced by On The Beach Group on 8 June 2026. The company has not disclosed the total scope or budget of the programme in this update. Such buyback programmes are typically designed to return surplus capital to shareholders and reduce the total number of shares outstanding, potentially enhancing per-share financial metrics. The total amount spent on repurchasing the 263,460 shares was not disclosed as a single aggregate figure. On The Beach's Total Voting Rights Now Stand at 142,362,749 Shares Following the cancellation of these shares, On The Beach Group confirmed that 142,362,749 ordinary shares remain outstanding. This figure represents the total voting rights and should be used by shareholders as the denominator when determining whether notification of interest or changes in interest is required under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules. Investors close to relevant notification thresholds are advised to review their holdings in light of this updated voting rights total. To keep reading, please log in to your account, create a free account, or simply fill out the form below.