tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Science Group PLC Issues Treasury Shares to Settle Options

Story Highlights
Science Group PLC Issues Treasury Shares to Settle Options

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 shared an announcement.

Science Group PLC announced the issuance of 30,000 treasury shares at an average price of 1 pence per share to settle share options. This increases the total number of ordinary shares in issue to 44,058,508, excluding treasury shares. The announcement is significant for shareholders as it affects the calculations for notifying changes in their interest in the company under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:SAG) stock is a Buy with a £622.00 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 of 74 reflects strong financial performance with robust revenue and profit growth, efficient cost management, and solid cash flow generation. The valuation is attractive with a low P/E ratio, suggesting potential undervaluation. Technical analysis indicates a neutral market position with slight bullish momentum.

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, providing a range of services and solutions to various sectors. The company is known for its focus on innovation and development, catering to a diverse market that includes scientific and engineering consultancy services.

Average Trading Volume: 108,613

Technical Sentiment Signal: Buy

Current Market Cap: £246.6M

For detailed information about 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