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Science Group Continues Share Buyback, Boosts Treasury Stock

Story Highlights
  • Science Group repurchased 17,500 shares at 539 pence, adding them to treasury.
  • The buyback trims free float to 42.77 million shares, aiding capital flexibility and disclosures.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Science Group Continues Share Buyback, Boosts Treasury Stock

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

Science Group plc has continued its capital management strategy by repurchasing 17,500 of its 1 pence ordinary shares at an average price of 539 pence, with all shares bought at the same price through broker Panmure Liberum. The transaction represents 0.04% of prior voting rights and the repurchased shares will be held in treasury, leaving 42,766,812 ordinary shares in issue excluding treasury stock, a figure shareholders can use for regulatory disclosure calculations.

By modestly reducing the free float and increasing treasury holdings to 3,419,062 shares, the company maintains flexibility for future capital allocation decisions such as potential reissuance or further buybacks. The move signals ongoing active management of its share capital, which can influence earnings per share metrics and provide clarity for investors monitoring ownership thresholds under FCA 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 U.K.-listed company trading on AIM under the ticker SAG. It operates through a portfolio of science and technology-based businesses, providing consultancy, R&D and related services to industrial and commercial clients in various technical markets.

Average Trading Volume: 51,306

Technical Sentiment Signal: Buy

Current Market Cap: £230M

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

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