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Science ( (GB:SAG) ) just unveiled an announcement.
Science Group PLC has executed a share buyback, purchasing 15,000 of its ordinary shares at a price of 539.0 pence each. This transaction represents 0.03% of the company’s voting rights and is part of its ongoing strategy to manage capital and shareholder value. The shares will be held in treasury, and the new total of ordinary shares in issue is 44,390,426. This move may impact shareholder calculations under the FCA’s rules, indicating a strategic approach to enhancing market positioning and shareholder engagement.
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 in the technology and consultancy industry, focusing on providing scientific and engineering solutions. The company is known for its expertise in product development and advisory services, catering to various sectors including healthcare, consumer, and industrial markets.
Average Trading Volume: 30,122
Technical Sentiment Signal: Buy
Current Market Cap: £238.7M
Learn more about SAG stock on TipRanks’ Stock Analysis page.