Science Group Buys Back Shares, Adjusts Voting Capital Base

Science ( (GB:SAG) ) has shared an update.

Science Group plc has repurchased 17,500 of its own ordinary shares at an average price of 544.5 pence per share, with all shares bought at the same price in a single transaction executed via Panmure Liberum Limited on the AIM market. The buyback represents 0.04% of the company’s prior voting rights, and the repurchased shares will be held in treasury, leaving 42,784,312 ordinary shares in issue excluding treasury, a figure shareholders can use for regulatory disclosure calculations under FCA transparency rules.

Following this transaction, Science Group now holds 3,401,562 shares in treasury, subtly increasing the relative ownership of existing shareholders by reducing the free float. The move signals continued use of share repurchases as a capital allocation tool, potentially reflecting management’s confidence in the company’s valuation and providing incremental support to the share price while refining its capital structure.

The most recent analyst rating on (GB:SAG) stock is a Buy with a £621.00 price target. To see the full list of analyst forecasts on Science stock, see the GB:SAG Stock Forecast page.

Spark’s Take on GB:SAG Stock

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

Science Group’s strong financial performance and strategic corporate actions, such as share buybacks, are the most significant factors contributing to its score. The stock’s undervaluation and solid dividend yield further enhance its attractiveness. However, technical indicators suggest caution in the short term.

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

More about Science

Science Group plc is a UK-listed technology and science-based services company trading on AIM under the ticker SAG. The group typically provides research, advisory, and product development services to industrial and commercial clients, with a focus on high-value intellectual property and long-term shareholder returns.

Average Trading Volume: 51,019

Technical Sentiment Signal: Strong Buy

Current Market Cap: £233.5M

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