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NCC Group Cancels Nearly 900,000 Shares Under Ongoing Buyback Programme

Story Highlights
  • NCC Group repurchased 897,594 shares for cancellation, reducing its share count to 294.8 million.
  • The buyback, part of a March 2026 programme, streamlines capital structure and updates disclosure thresholds.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NCC Group Cancels Nearly 900,000 Shares Under Ongoing Buyback Programme

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An announcement from NCC Group plc ( (GB:NCC) ) is now available.

NCC Group plc has repurchased 897,594 of its ordinary 1p shares on 16 March 2026 via Peel Hunt LLP at a volume-weighted average price of 123.56 pence, with trades executed between 121.40 pence and 124.20 pence on the London Stock Exchange. The company intends to cancel these shares, reducing its total shares in issue to 294,777,982, a move that marginally enhances earnings per share and may signal management’s confidence in the business while updating the free float denominator for regulatory disclosure purposes.

The latest transaction forms part of a broader share buyback programme announced earlier in March 2026, under which NCC is returning capital to shareholders through market purchases. By shrinking its share capital and confirming that no shares are held in treasury, the group simplifies its capital structure and clarifies the base for investors and regulators assessing ownership thresholds under the UK’s transparency rules.

The most recent analyst rating on (GB:NCC) stock is a Hold with a £125.00 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 NCC Stock

According to Spark, TipRanks’ AI Analyst, 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 NCC stock, click here.

More about NCC Group plc

NCC Group plc is a UK-listed cyber security and risk mitigation specialist that focuses on providing information assurance, penetration testing, and cyber resilience services to businesses and public sector clients. The company operates internationally, helping organisations secure their critical systems and data in an evolving threat landscape.

Average Trading Volume: 1,905,613

Technical Sentiment Signal: Sell

Current Market Cap: £350.7M

See more insights into NCC stock on TipRanks’ Stock Analysis page.

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