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Science Group Updates Share Capital After Treasury Share Buyback

Story Highlights
  • Science Group repurchased 15,000 ordinary shares at 541.5 pence, holding them in treasury.
  • Post-buyback, voting share count stands at 42,876,312, guiding FCA notification thresholds.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Science Group Updates Share Capital After Treasury Share Buyback

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The latest update is out from Science ( (GB:SAG) ).

Science Group plc has executed a share buyback transaction, repurchasing 15,000 ordinary shares of 1 pence each at an average price of 541.5 pence per share through Panmure Liberum Limited, with all trades executed on the AIMX venue. The shares, representing 0.03% of prior voting rights, will be held in treasury, leaving 42,876,312 ordinary shares in issue (excluding 3,309,562 treasury shares), a figure shareholders may now use to assess notification thresholds under FCA transparency rules.

The most recent analyst rating on (GB:SAG) stock is a Buy with a £621.00 price target. To see the full list of analyst forecasts on Science stock, see the GB:SAG Stock Forecast page.

Spark’s Take on GB:SAG Stock

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

Science Group’s strong financial performance and strategic corporate actions, such as share buybacks, are the most significant factors contributing to its score. The stock’s undervaluation and solid dividend yield further enhance its attractiveness. However, technical indicators suggest caution in the short term.

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

More about Science

Science Group plc is a U.K.-listed company on AIM that operates in the science and technology sector, providing specialist R&D, advisory and related technical services. Its shareholder base includes investors subject to FCA Disclosure Guidance and Transparency Rules, reflecting a public market focus and an active approach to capital and treasury management.

Average Trading Volume: 61,143

Technical Sentiment Signal: Buy

Current Market Cap: £232.8M

For detailed information about SAG stock, go to TipRanks’ Stock Analysis page.

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