Science Group Tightens Free Float With New Share Buyback

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

Science Group plc has repurchased 9,500 of its 1 pence ordinary shares at an average price of 528 pence per share, representing 0.02% of the prior voting rights, with the transaction executed through Panmure Liberum Limited. The shares will be held in treasury, bringing the total number of ordinary shares in issue excluding treasury to 41,297,901, a figure that now serves as the reference denominator for shareholders assessing disclosure obligations under FCA transparency rules.

The company now holds 4,887,973 shares in treasury, reflecting continued use of share buybacks as a capital management tool. This transaction marginally adjusts the free float and may influence metrics such as earnings per share and ownership disclosure thresholds for investors subject to U.K. market regulations.

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. It operates through a portfolio of science and technology-focused businesses, providing research, advisory and related services to industrial and commercial clients in regulated and innovation-driven markets.

Average Trading Volume: 90,150

Technical Sentiment Signal: Buy

Current Market Cap: £217.9M

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