Science Group Tightens Capital Base with Targeted Share Buyback

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

Science Group plc has executed a share buyback, acquiring 21,000 ordinary shares of 1 pence each at an average price of 580 pence per share through Panmure Liberum Limited. The transaction represents 0.05% of the company’s voting rights, and the repurchased shares will be held in treasury rather than cancelled.

Following this transaction, Science Group now has 40,983,593 ordinary shares in issue excluding 5,202,281 treasury shares, a figure shareholders can use to assess notification thresholds under FCA transparency rules. The move marginally adjusts the company’s capital structure and may signal ongoing capital management efforts, with implications for share liquidity and potential future returns to investors.

The most recent analyst rating on (GB:SAG) stock is a Buy with a £758.00 price target. To see the full list of analyst forecasts on Science stock, see the GB:SAG Stock Forecast page.

Spark’s Take on SAG Stock

According to Spark, TipRanks’ AI Analyst, SAG is a Outperform.

The score is driven mainly by solid financial performance (strong profitability and conservative balance sheet) and attractive valuation (low P/E). These positives are partly offset by weak technicals (price below key moving averages with negative MACD), while recent buyback-related corporate events provide a modest additional tailwind.

To see Spark’s full report on SAG stock, click here.

More about Science

Science Group plc is a U.K.-listed technology and science-based services company trading on AIM under the ticker SAG. The group provides consultancy, product development and related services to industrial and commercial clients, leveraging scientific and engineering expertise to support innovation across multiple sectors.

Average Trading Volume: 93,919

Technical Sentiment Signal: Buy

Current Market Cap: £239.9M

See more insights into SAG stock on TipRanks’ Stock Analysis page.