Science Group PLC Executes Share Buyback Program

Science ( (GB:SAG) ) has issued an announcement.

Science Group PLC announced the repurchase of 14,000 of its own shares at a price of 553.0 pence each, representing 0.03% of the voting rights. This transaction, executed through Panmure Liberum Limited, is part of the company’s buyback program and results in a total of 44,358,926 ordinary shares in issue, excluding treasury shares. The move could impact shareholder calculations regarding disclosure obligations under FCA 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 within the technology and consulting industry, focusing on providing scientific and engineering solutions. The company is listed on the AIM market and engages in activities that include technology development and advisory services.

Average Trading Volume: 29,530

Technical Sentiment Signal: Buy

Current Market Cap: £244.1M

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