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Science Group Tightens Free Float With Targeted Share Buyback

Story Highlights
  • Science Group plc repurchased 10,000 ordinary shares at 528 pence, adding them to treasury holdings.
  • Post-buyback, 41,330,224 shares remain in issue, resetting FCA disclosure calculation thresholds for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Science Group Tightens Free Float With Targeted Share Buyback

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

Science Group plc has repurchased 10,000 of its 1 pence ordinary shares at an average price of 528 pence per share, with all trades executed on AIM through Panmure Liberum Limited. The buyback, representing 0.02% of prior voting rights, will be held in treasury, leaving 41,330,224 ordinary shares in issue excluding treasury, a figure shareholders must now use when assessing disclosure thresholds under FCA transparency rules.

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, listed on AIM under the ticker SAG, operates as a UK-based company whose shares are publicly traded on the London Stock Exchange’s AIM market. The company’s capital structure includes ordinary shares of 1 pence each, with a portion of these held in treasury, and its shareholder disclosures are governed by the UK FCA’s transparency rules.

Average Trading Volume: 89,591

Technical Sentiment Signal: Buy

Current Market Cap: £218.1M

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

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