tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Science Group PLC Announces Share Buyback

Story Highlights
Science Group PLC Announces Share Buyback

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

Science Group PLC has repurchased 5,000 of its ordinary shares at a price of 577.0 pence each, representing 0.01% of the voting rights. These shares will be held in treasury, adjusting the total number of shares in issue to 44,247,008. This move is part of the company’s buyback program and may influence 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.

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 innovation sector, focusing on providing scientific and engineering services. The company is listed on the AIM market and is involved in various technology-driven projects.

Average Trading Volume: 36,649

Technical Sentiment Signal: Buy

Current Market Cap: £254.4M

For a thorough assessment of SAG stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1