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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 15,000 of its ordinary shares at an average price of 552.4 pence per share, representing 0.03% of the voting rights. This transaction, executed through Panmure Liberum Limited, is part of the company’s share buyback program, with the purchased shares held in treasury. The total number of ordinary shares in issue now stands at 44,216,842, excluding treasury shares. This move may impact shareholders’ calculations regarding their interests in the company, as per the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:SAG) stock is a Buy with a £611.00 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 of 72 reflects strong financial performance, characterized by robust revenue and profit growth and efficient cash management. The valuation suggests potential undervaluation with a low P/E ratio. However, technical indicators show bearish momentum, which tempers 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 engineering sector, providing consultancy and product development services. The company focuses on delivering innovative solutions across various industries, leveraging its expertise in science and technology.

Average Trading Volume: 138,944

Technical Sentiment Signal: Buy

Current Market Cap: £245.7M

For detailed information about SAG stock, go to TipRanks’ Stock Analysis page.

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