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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.