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Science Group PLC Announces Share Buyback

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Science Group PLC Announces Share Buyback

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

Science Group PLC has announced a share buyback, purchasing 17,500 of its ordinary shares at an average price of 546.75 pence per share. This transaction represents a small fraction of the company’s total voting rights and is part of its ongoing efforts to manage its capital structure effectively. The purchased shares will be held in treasury, and the updated number of shares in issue will serve as a reference for shareholders under regulatory guidelines.

The most recent analyst rating on (GB:SAG) stock is a Buy with a £621.00 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 actions, such as share buybacks, are the most significant factors contributing to its score. The stock’s undervaluation and solid dividend yield further enhance its attractiveness. However, technical indicators suggest caution in the short term.

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

More about Science

Science Group PLC operates in the technology and science sector, focusing on providing consultancy services and developing innovative solutions across various industries. The company is known for its expertise in research and development, offering services that cater to a diverse range of market needs.

Average Trading Volume: 103,054

Technical Sentiment Signal: Buy

Current Market Cap: £237.7M

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

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