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Science Group Adds to Treasury Stock with Targeted Share Buyback

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Science Group Adds to Treasury Stock with Targeted Share Buyback

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Science ( (GB:SAG) ) just unveiled an update.

Science Group plc has executed a small share buyback, repurchasing 15,000 ordinary shares of 1 pence each at an average price of 575 pence per share through Panmure Liberum Limited. The transaction represents about 0.04% of the company’s voting rights before the purchase and the acquired shares will be held in treasury, modestly increasing treasury stock to 4,986,773 shares.

Following the buyback, Science Group now has 41,199,101 ordinary shares in issue excluding treasury shares, a figure that shareholders can use when assessing disclosure thresholds under FCA transparency rules. While limited in scale, the repurchase underscores continued use of capital management via buybacks and slightly enhances earnings and voting interest for remaining shareholders over time.

The most recent analyst rating on (GB:SAG) stock is a Buy with a £758.00 price target. To see the full list of analyst forecasts on Science stock, see the GB:SAG Stock Forecast page.

Spark’s Take on SAG Stock

According to Spark, TipRanks’ AI Analyst, SAG is a Outperform.

The score is driven mainly by solid financial performance (strong profitability and conservative balance sheet) and attractive valuation (low P/E). These positives are partly offset by weak technicals (price below key moving averages with negative MACD), while recent buyback-related corporate events provide a modest additional tailwind.

To see Spark’s full report on SAG stock, click here.

More about Science

Science Group plc, listed on AIM under the ticker SAG, operates as a diversified science and technology consultancy and services provider. The company focuses on delivering research, advisory and product development support for clients across industrial and commercial sectors, positioning itself as a specialist partner in applied science and engineering solutions.

Average Trading Volume: 84,669

Technical Sentiment Signal: Buy

Current Market Cap: £228.8M

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

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