Science Group PLC Executes Share Buyback

Science ( (GB:SAG) ) has shared an update.

Science Group PLC has announced the repurchase of 10,000 of its ordinary shares at a price of 511.0 pence per share, which represents 0.02% of the voting rights of the total ordinary shares prior to the purchase. This transaction is part of the company’s ongoing buyback program, and the shares will be held in treasury, potentially impacting 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.

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 engineering sector, focusing on providing consultancy and product development services to a range of industries. The company is listed on the AIM market of the London Stock Exchange and is involved in various market segments, including science, technology, and engineering.

Average Trading Volume: 30,346

Technical Sentiment Signal: Buy

Current Market Cap: £226M

See more insights into SAG stock on TipRanks’ Stock Analysis page.