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Sage cancels 1.17m shares in latest tranche of buyback

Story Highlights
  • Sage repurchased 1.17 million shares on 13 April 2026 under its ongoing buyback programme.
  • All repurchased shares will be cancelled, reducing share capital and potentially boosting earnings per share.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sage cancels 1.17m shares in latest tranche of buyback

Meet Samuel – Your Personal Investing Prophet

Sage Group plc ( (GB:SGE) ) has issued an update.

The Sage Group plc has continued executing its previously announced share buyback programme, repurchasing 1,170,454 ordinary shares on 13 April 2026 via Morgan Stanley & Co. International at a volume-weighted average price of 829.74 pence. The company intends to cancel all of these shares, effectively reducing its share capital and potentially enhancing earnings per share, underscoring management’s ongoing commitment to capital returns for investors within the programme scheduled to run until early June 2026.

The most recent analyst rating on (GB:SGE) stock is a Sell with a £8.50 price target. To see the full list of analyst forecasts on Sage Group plc stock, see the GB:SGE Stock Forecast page.

Spark’s Take on SGE Stock

According to Spark, TipRanks’ AI Analyst, SGE is a Outperform.

The score is driven primarily by strong financial performance and a constructive earnings outlook with margin expansion and durable recurring revenue growth. This is tempered by very weak technicals (downtrend and heavy negative momentum) and a valuation that remains relatively expensive on P/E despite a moderate dividend yield.

To see Spark’s full report on SGE stock, click here.

More about Sage Group plc

The Sage Group plc is a UK-based provider of business management software and services, best known for its accounting, payroll and enterprise resource planning solutions tailored to small and mid-sized businesses. Listed on the London Stock Exchange, Sage focuses on cloud-based platforms that support digital finance and operations for customers across multiple sectors.

Average Trading Volume: 4,744,827

Technical Sentiment Signal: Hold

Current Market Cap: £7.51B

See more data about SGE stock on TipRanks’ Stock Analysis page.

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