Science Group PLC Announces Share Buyback

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

Science Group PLC has repurchased 12,000 of its ordinary shares at a price of 577.0 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 44,291,680. This transaction may impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency 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.

Science Group’s strong financial performance and strategic corporate events are the primary drivers of its high stock score. Despite technical indicators suggesting a potential short-term pullback, the company’s robust cash position and strategic investments provide a solid foundation for future growth. Valuation concerns due to an unusually high dividend yield slightly temper the overall score.

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 solutions. The company is listed on the AIM market and is involved in various sectors, offering services and products that cater to a wide range of market needs.

Average Trading Volume: 33,580

Technical Sentiment Signal: Buy

Current Market Cap: £251.5M

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