SSP Could Deliver a Share Buyback Later This Year -- Market Talk
Dow Jones
May 20, 2025
0814 GMT - SSP delivered encouraging first-half results and has made a solid start to the second half of the year, raising the prospect of a share buyback later in the year, Shore Capital's Greg Johnson writes in a note. Underlying operating profit rose 17% to 68 million pounds and the company backed its full-year guidance but noted macroeconomic uncertainty. As SSP accelerates its program to boost profitability and cuts capital investment, there is an increasing prospect of a share buyback, he adds. Shares trade up 3.7% at 173.40 pence. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
May 20, 2025 04:14 ET (08:14 GMT)
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