tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sage Cancels 611,224 Shares as Part of Ongoing Buyback Programme

Story Highlights
  • Sage Group repurchased 611,224 ordinary shares on 16 January 2026 under its ongoing buyback programme.
  • All repurchased shares will be cancelled, reducing share count and reinforcing Sage’s capital-return strategy and confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sage Cancels 611,224 Shares as Part of Ongoing Buyback Programme

Claim 70% Off TipRanks Premium

Sage Group plc ( (GB:SGE) ) has provided an announcement.

The Sage Group plc has continued its share buyback programme, repurchasing 611,224 ordinary shares on 16 January 2026 on the London Stock Exchange and various multilateral trading facilities at a volume-weighted average price of 1,039.61 pence per share. All of the repurchased shares will be cancelled, a move that reduces the company’s share count and may enhance earnings per share, underscoring Sage’s ongoing capital-return strategy and its confidence in the business’s financial position ahead of the programme’s scheduled completion in March 2026.

The most recent analyst rating on (GB:SGE) stock is a Buy with a £1425.00 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 software and services, best known for its accounting, payroll and enterprise resource planning solutions aimed at small and medium-sized enterprises globally.

Average Trading Volume: 3,296,346

Technical Sentiment Signal: Hold

Current Market Cap: £9.98B

For an in-depth examination of SGE stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1