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Science Group Records Strong Financial Year, Expands 2025 Share Buy-Back
Company Announcements

Science Group Records Strong Financial Year, Expands 2025 Share Buy-Back

Story Highlights
  • Science Group expects record-breaking 2024 performance with strong adjusted operating profit.
  • Company increases 2025 share buy-back to address market inefficiencies and boost shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Stay Ahead of the Market:

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

Science Group PLC announced its anticipated record-breaking trading performance for the fiscal year ending December 31, 2024, with adjusted operating profit expected to meet or exceed Board expectations. Despite strong financial results and a robust balance sheet, the company’s stock market valuation hasn’t reflected its operational success, prompting the Board to increase the 2025 share buy-back program capital allocation to between £6 million and £10 million. This decision aims to address market inefficiencies and enhance shareholder value by reducing total voting rights by approximately 3 to 5%, depending on market conditions.

More about Science

Science Group PLC operates in the technology and innovation sector, providing consultancy services and products that enhance operational performance across various industries. The company focuses on leveraging technology to create value and has demonstrated a consistent track record of strong operating results and cash flow.

YTD Price Performance: 0.22%

Average Trading Volume: 25,265

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £203.1M

For an in-depth examination of SAG stock, go to TipRanks’ Stock Analysis page.

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