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Science Group PLC Announces Share Buyback

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Science Group PLC Announces Share Buyback

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Science ( (GB:SAG) ) just unveiled an announcement.

Science Group PLC has announced the repurchase of 15,500 of its ordinary shares at an average price of 514.75 pence per share, representing 0.03% of the voting rights. These shares will be held in treasury, and the total number of ordinary shares in issue, excluding treasury shares, is now 44,493,855. This buyback is part of the company’s ongoing strategy to manage its capital structure and may impact shareholder calculations under FCA rules.

The most recent analyst rating on (GB:SAG) stock is a Buy with a £620.00 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.

The overall stock score is driven by strong financial performance and positive corporate events. However, technical analysis indicates potential risks with an overbought RSI, and valuation metrics suggest the stock is fairly priced. Risks related to the performance of Ricardo, a significant investment, should be monitored.

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, providing a range of services and solutions primarily focused on scientific and engineering sectors. The company is listed on the AIM market and engages in activities such as product development, regulatory advice, and market analysis.

Average Trading Volume: 30,595

Technical Sentiment Signal: Buy

Current Market Cap: £229.3M

For an in-depth examination of SAG stock, go to TipRanks’ Overview page.

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