Science Group Tightens Free Float With Modest Share Buyback

Science ( (GB:SAG) ) just unveiled an update.

Science Group plc has conducted a share buyback, purchasing 14,088 of its 1 pence ordinary shares at an average price of 525 pence per share through Panmure Liberum Limited. The repurchased shares, representing about 0.03% of prior voting rights, will be held in treasury, leaving 41,340,224 ordinary shares in issue excluding treasury holdings.

Following this transaction, Science Group now holds 4,845,650 shares in treasury, and the updated share count will be used by investors to assess disclosure thresholds under FCA transparency rules. The move reflects ongoing active capital management, slightly increasing the relative ownership stakes of remaining shareholders and potentially supporting the share price and earnings per share over time.

The most recent analyst rating on (GB:SAG) stock is a Buy with a £580.00 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 company on AIM under the ticker SAG. The group operates in the science and technology sector, providing specialised services and solutions, and is an active participant in the public equity markets through management of its own share capital structure.

Average Trading Volume: 90,495

Technical Sentiment Signal: Buy

Current Market Cap: £215M

Learn more about SAG stock on TipRanks’ Stock Analysis page.