Science Group PLC Executes Share Buyback Program

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

Science Group PLC announced the purchase of 2,500 of its ordinary shares at a price of 477.0 pence per share, representing 0.01% of the voting rights before the purchase. These shares will be held in treasury, affecting the total number of shares in issue, which now stands at 44,548,855. This transaction is part of the company’s ongoing strategy to manage its capital structure and potentially increase 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 PLC shows a strong financial foundation and fair valuation, which are significant strengths. However, bearish technical trends and concerns related to strategic investments in Ricardo suggest caution. Despite robust financials, potential risks require monitoring, resulting in a moderately positive outlook.

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

More about Science

Science Group PLC operates in the science and technology sector, focusing on providing consultancy services and developing innovative solutions across various industries. The company is listed on the AIM market of the London Stock Exchange and engages in strategic investments and share buyback programs to enhance shareholder value.

Average Trading Volume: 23,190

Technical Sentiment Signal: Strong Buy

Current Market Cap: £209.4M

Learn more about SAG stock on TipRanks’ Stock Analysis page.