Sage Group plc ( (GB:SGE) ) has issued an announcement.
Sage Group plc has executed a share buyback transaction, purchasing 103,504 of its ordinary shares on the London Stock Exchange and Multilateral Trading Facilities through Morgan Stanley. This buyback is part of a program announced in November 2024, aimed at enhancing shareholder value by reducing the number of shares in circulation, with all purchased shares set to be canceled.
More about Sage Group plc
Sage Group plc is a prominent player in the software industry, primarily offering business management solutions such as accounting, enterprise resource planning (ERP), and payroll services. The company focuses on serving small to medium-sized enterprises (SMEs) across various markets.
YTD Price Performance: -2.96%
Average Trading Volume: 2,887,697
Technical Sentiment Signal: Sell
Current Market Cap: £11.82B
For detailed information about SGE stock, go to TipRanks’ Stock Analysis page.