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Sage Group Enhances Shareholder Value with Share Buyback

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Sage Group Enhances Shareholder Value with Share Buyback

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

Sage Group plc announced the repurchase of 385,547 of its ordinary shares as part of its ongoing share buyback program, which began in November 2024 and is scheduled to conclude by June 2025. This move is intended to enhance shareholder value by reducing the number of shares in circulation, potentially increasing the value of remaining shares.

More about Sage Group plc

Sage Group plc operates in the software industry, providing accounting, payroll, and payment systems to small and medium-sized businesses globally.

YTD Price Performance: 4.70%

Average Trading Volume: 3,072,181

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £13.05B

Learn more about SGE stock on TipRanks’ Stock Analysis page.

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