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Sage Cancels 1.7m Shares in Ongoing Buyback Programme

Story Highlights
  • Sage repurchased 1.7 million shares on 14 May 2026 under its ongoing buyback programme at an average price of about 853 pence.
  • The company will cancel the repurchased shares, reducing its share count and reinforcing a capital return strategy seen as supportive for shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sage Cancels 1.7m Shares in Ongoing Buyback Programme

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An update from Sage Group plc ( (GB:SGE) ) is now available.

The Sage Group plc has continued executing its previously announced share buyback programme, repurchasing 1,707,504 ordinary shares on 14 May 2026 via J.P. Morgan Securities. The shares were bought on the London Stock Exchange and various multilateral trading facilities at prices between 845.8p and 860.4p, with a volume-weighted average price of 852.745p.

All repurchased shares will be cancelled, reducing Sage’s share count and potentially enhancing earnings per share and capital efficiency. The move underscores the company’s ongoing capital return strategy and signals management’s confidence in the business and its valuation, which may be viewed positively by shareholders in the software and cloud services sector.

The most recent analyst rating on (GB:SGE) stock is a Buy with a £1100.00 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 cloud solutions, best known for its accounting, payroll and enterprise resource planning platforms. The company primarily serves small and mid-sized businesses globally, focusing on automating back-office processes and supporting digital transformation across finance and operations.

Average Trading Volume: 4,537,077

Technical Sentiment Signal: Hold

Current Market Cap: £7.98B

Find detailed analytics on SGE stock on TipRanks’ Stock Analysis page.

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