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NCC Group Advances Share Buyback with Cancellation of 882,252 Shares

Story Highlights
  • NCC Group repurchased 882,252 ordinary shares as part of its buyback programme.
  • The company will cancel these shares, reducing share capital and potentially enhancing shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NCC Group Advances Share Buyback with Cancellation of 882,252 Shares

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NCC Group plc ( (GB:NCC) ) just unveiled an update.

NCC Group plc has repurchased 882,252 of its 1p ordinary shares on 12 March 2026 through Peel Hunt LLP, paying a volume-weighted average price of 128.85 pence within a trading range of 127.20 to 129.40 pence. The company intends to cancel these shares, which will reduce its share capital to 296,565,688 ordinary shares in issue and is part of a broader buyback programme launched on 6 March 2026.

The group confirmed that, at the time of the announcement and for takeover code disclosure purposes, it had 299,731,059 ordinary shares in issue, each carrying one voting right and none held in treasury. The move signals ongoing capital management efforts and may enhance earnings per share and shareholder value while simplifying the company’s capital structure by eliminating treasury holdings.

The most recent analyst rating on (GB:NCC) stock is a Hold with a £130.00 price target. To see the full list of analyst forecasts on NCC Group plc stock, see the GB:NCC Stock Forecast page.

Spark’s Take on GB:NCC Stock

According to Spark, TipRanks’ AI Analyst, GB:NCC is a Neutral.

NCC Group plc’s overall stock score is primarily influenced by its financial performance, which shows strong cash flow management and a stable balance sheet despite revenue and profitability challenges. Technical analysis indicates neutral momentum, while valuation suggests the stock may be overvalued. The absence of earnings call data and corporate events means these factors do not impact the score.

To see Spark’s full report on GB:NCC stock, click here.

More about NCC Group plc

NCC Group plc is a UK-based cyber security and risk mitigation company that provides assurance, software escrow, and consulting services to businesses and public sector clients. The group focuses on helping organisations identify, manage, and reduce cyber risk across global markets, with a strong presence in regulated and technology-driven industries.

Average Trading Volume: 1,853,487

Technical Sentiment Signal: Sell

Current Market Cap: £374.5M

For a thorough assessment of NCC stock, go to TipRanks’ Stock Analysis page.

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