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Sage Cancels Over 1 Million Shares in Ongoing Buyback Programme

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Sage Cancels Over 1 Million 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, purchasing 1,089,472 ordinary shares on 5 January 2026 via J.P. Morgan Securities plc at a volume-weighted average price of 1,053.5321 pence per share. All of the repurchased shares will be cancelled, a move that reduces the company’s share count and can enhance earnings per share, underlining Sage’s ongoing capital return strategy and potentially signalling management’s confidence in the Group’s financial position and long-term outlook.

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-listed business technology company best known for its accounting, payroll and enterprise resource planning (ERP) software, serving small and medium-sized enterprises across a range of sectors. Listed on the London Stock Exchange, Sage is a constituent of the FTSE indices and frequently returns capital to shareholders through dividends and share repurchase programmes.

Average Trading Volume: 3,123,498

Technical Sentiment Signal: Hold

Current Market Cap: £9.97B

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

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