Science Group PLC Announces Share Buyback

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

Science Group PLC announced the repurchase of 5,000 ordinary shares at a price of 445.0 pence per share, representing 0.01% of the voting rights. The shares will be held in treasury, and the total number of ordinary shares in issue, excluding treasury shares, is now 44,565,698. This buyback may influence shareholder calculations regarding their interest in the company, as per FCA’s Disclosure Guidance and Transparency Rules.

Spark’s Take on GB:SAG Stock

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

Science Group has a strong financial foundation with solid income and balance sheet metrics, supporting its stock’s moderate attractiveness. While valuation is fair, technical indicators suggest caution due to bearish trends. Corporate events highlight both opportunities and risks, particularly concerning investments in Ricardo. Overall, the stock shows potential but requires careful monitoring of external factors and technical signals.

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

More about Science

Science Group PLC operates in the technology and consultancy industry, focusing on providing scientific and engineering services. The company is listed on the AIM market and engages in activities that support innovation and product development for various sectors.

YTD Price Performance: -3.97%

Average Trading Volume: 21,998

Technical Sentiment Signal: Sell

Current Market Cap: £193.9M

Learn more about SAG stock on TipRanks’ Stock Analysis page.