Science Group PLC Executes Share Buyback

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

Science Group PLC has repurchased 13,000 of its ordinary shares at a price of 574.0 pence per share, which represents 0.03% of the voting rights of the total shares in issue. This transaction, executed through Panmure Liberum Limited, is part of the company’s ongoing share buyback program and will result in these shares being held in treasury, impacting the total number of shares available for shareholder calculations under regulatory guidelines.

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 engages in various activities including technology development and advisory services.

Average Trading Volume: 33,580

Technical Sentiment Signal: Buy

Current Market Cap: £251.5M

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