Science ( (GB:SAG) ) has issued an update.
Science Group PLC announced the repurchase of 9,500 of its ordinary shares at an average price of 415.79 pence per share, as part of its ongoing share buyback program. This transaction represents 0.02% of the voting rights and will see the shares held in treasury, adjusting the total number of shares in issue to 44,578,198. This move may influence shareholder calculations regarding their interests in the company under regulatory guidelines.
Spark’s Take on GB:SAG Stock
According to Spark, TipRanks’ AI Analyst, GB:SAG is a Outperform.
Science Group’s solid financial performance and fair valuation are significant strengths, supporting a moderately positive stock outlook. However, technical analysis indicates bearish momentum, and strategic investments pose potential risks, particularly related to governance issues at Ricardo.
To see Spark’s full report on GB:SAG stock, click here.
More about Science
Science Group PLC operates in the technology and engineering sectors, providing consultancy and product development services. The company focuses on delivering innovative solutions to a range of industries, including healthcare, consumer, and industrial sectors.
YTD Price Performance: -8.39%
Average Trading Volume: 21,583
Technical Sentiment Signal: Hold
Current Market Cap: £185.1M
For detailed information about SAG stock, go to TipRanks’ Stock Analysis page.