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Science Group buys back shares, updates capital structure

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Science Group buys back shares, updates capital structure

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

Science Group plc has repurchased 15,000 of its 1 pence ordinary shares at an average price of 544.33 pence per share, with the transaction executed through Panmure Liberum Limited. The shares, representing 0.04% of prior voting rights, will be held in treasury, indicating continued deployment of capital toward buybacks.

Following this transaction, the company now has 42,664,312 ordinary shares in issue excluding treasury holdings, while 3,521,562 shares are retained in treasury. The updated share count provides the new reference point for investors assessing disclosure thresholds under the FCA’s transparency rules and may marginally enhance earnings per share over time.

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 SAG Stock

According to Spark, TipRanks’ AI Analyst, 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 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 provides research, advisory and product development services, focusing on technology-led solutions for industrial and commercial clients in regulated and technical markets.

Average Trading Volume: 46,250

Technical Sentiment Signal: Buy

Current Market Cap: £230.5M

See more data about SAG stock on TipRanks’ Stock Analysis page.

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