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Science Group Buys Back Shares, Updates Voting Rights and Share Capital

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Science Group Buys Back Shares, Updates Voting Rights and Share Capital

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An announcement from Science ( (GB:SAG) ) is now available.

Science Group plc has repurchased 17,500 of its 1 pence ordinary shares at an average price of 555 pence per share, representing approximately 0.04% of the company’s voting rights prior to the transaction. The shares, bought through Panmure Liberum Limited, will be held in treasury, bringing the total number of ordinary shares in issue excluding treasury shares to 43,001,942, with 3,183,932 shares now held in treasury; this updated share count provides the new reference figure for shareholders assessing notification thresholds under the FCA’s Disclosure Guidance and Transparency Rules.

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 company on AIM under the ticker SAG. The company has ordinary shares in issue and actively manages its capital structure through share buyback programmes, holding a portion of its shares in treasury to provide flexibility in managing shareholder returns and voting rights distribution.

Average Trading Volume: 64,624

Technical Sentiment Signal: Strong Buy

Current Market Cap: £239M

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

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