tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Science Group PLC Executes Share Buyback Program

Story Highlights
Science Group PLC Executes Share Buyback Program

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

Science Group PLC has announced the repurchase of 10,000 of its ordinary shares at an average price of 576.0 pence per share, executed through Panmure Liberum Limited. This transaction represents 0.02% of the voting rights of the total ordinary shares prior to the purchase, and the shares will be held in treasury. The move is part of a buyback program, potentially impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency 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.

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 within the technology and innovation sector, focusing on providing consultancy services and developing technology solutions for various industries. The company is listed on the AIM market of the London Stock Exchange.

Average Trading Volume: 36,663

Technical Sentiment Signal: Buy

Current Market Cap: £254.4M

For a thorough assessment of SAG stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1