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Science Group Boosts Treasury Stock with Targeted Share Buyback

Story Highlights
  • Science Group repurchased 20,000 ordinary shares at 535 pence, adding them to treasury.
  • Post-buyback, 41,234,101 shares remain in issue, updating investors’ disclosure baseline.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Science Group Boosts Treasury Stock with Targeted Share Buyback

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The latest announcement is out from Science ( (GB:SAG) ).

Science Group plc has repurchased 20,000 of its 1 pence ordinary shares at an average price of 535 pence per share, with all trades executed through Panmure Liberum Limited. The buyback, representing about 0.05% of prior voting rights, will be held in treasury, leaving 41,234,101 ordinary shares in issue excluding treasury stock, and providing an updated denominator for investors’ disclosure calculations under FCA transparency rules.

The most recent analyst rating on (GB:SAG) stock is a Buy with a £580.00 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 is a U.K.-listed company on AIM that operates in the science and technology sector. It has a broad shareholder base and its ordinary shares carry voting rights, with a portion of the equity actively managed through treasury holdings and share buyback activity.

Average Trading Volume: 91,417

Technical Sentiment Signal: Buy

Current Market Cap: £218.8M

Find detailed analytics on SAG stock on TipRanks’ Stock Analysis page.

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