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NCC Group plc ( (GB:NCC) ) just unveiled an update.
NCC Group has repurchased 348,713 ordinary shares at a volume-weighted average price of 129.724 pence per share via Investec Bank as part of its ongoing buyback programme, and intends to cancel these shares. This latest tranche brings total repurchases under the programme to 11,238,788 shares, and will leave the company with an issued share capital of 303,989,117 shares and no treasury holdings, modestly enhancing earnings per share and voting concentration for remaining investors.
Separately, in line with U.K. takeover rules, NCC Group confirmed it currently has 305,140,485 ordinary shares in issue, each carrying one voting right, providing the market with an updated baseline of total voting rights. The disclosure, which includes the company’s ISIN and LEI identifiers, supports transparency for shareholders and potential corporate activity by clarifying the share count used for regulatory and takeover-related calculations.
The most recent analyst rating on (GB:NCC) stock is a Hold with a £134.00 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 U.K.-listed cyber security and risk mitigation specialist providing assurance, software escrow and verification services to enterprises. The company focuses on protecting critical infrastructure, digital assets and data for clients across regulated and technology-intensive sectors, positioning itself as a key player in the global cyber resilience market.
Average Trading Volume: 1,650,212
Technical Sentiment Signal: Sell
Current Market Cap: £382.2M
Learn more about NCC stock on TipRanks’ Stock Analysis page.