Science Group PLC Executes Share Buyback

An update from Science ( (GB:SAG) ) is now available.

Science Group PLC announced the repurchase of 12,500 of its ordinary shares at a price of 577.5 pence each, representing 0.03% of the voting rights. This transaction, executed through Panmure Liberum Limited, is part of the company’s share buyback program, which aims to manage its capital structure and potentially enhance shareholder value.

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 the development and commercialization of innovative technologies.

Average Trading Volume: 34,729

Technical Sentiment Signal: Buy

Current Market Cap: £254.7M

For an in-depth examination of SAG stock, go to TipRanks’ Overview page.