Sage Cancels 503,697 Shares in Ongoing Buyback Programme

Sage Group plc ( (GB:SGE) ) just unveiled an announcement.

The Sage Group plc has continued executing its share buyback programme, repurchasing 503,697 ordinary shares on 2 January 2026 through J.P. Morgan Securities at prices ranging between 1,049.5p and 1,087.0p, with a volume-weighted average price of 1,062.9758p. All of the shares repurchased under this tranche will be cancelled, reducing the company’s share capital and effectively returning capital to shareholders, a move that can enhance earnings per share and signals ongoing confidence by the board in Sage’s financial position and long-term prospects.

The most recent analyst rating on (GB:SGE) stock is a Buy with a £1233.00 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 GB:SGE Stock

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

Sage Group plc’s overall stock score is driven by its strong financial performance and positive earnings call, highlighting robust revenue growth and strategic focus on cloud and AI. However, the high valuation and mixed technical indicators slightly offset these strengths. Continued attention to operational efficiencies and competitive positioning will be crucial for sustaining growth.

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

More about Sage Group plc

The Sage Group plc is a UK-based provider of business management software, best known for its accounting, payroll and enterprise resource planning solutions targeted at small and mid-sized businesses globally. Listed on the London Stock Exchange, Sage focuses on subscription-based, cloud-enabled services that support finance, HR and operational workflows for its customers.

Average Trading Volume: 3,123,421

Technical Sentiment Signal: Hold

Current Market Cap: £10.29B

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