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The latest announcement is out from Serco Group plc ( (GB:SRP) ).
Serco Group plc has announced a share repurchase program, intending to buy back shares worth up to £50 million between August 11, 2025, and December 31, 2025. The program will be managed by J.P. Morgan Securities plc, and any repurchased shares will be transferred into treasury and subsequently canceled. This move is in line with the company’s strategy to manage its capital structure and is expected to have implications for shareholder value and market perception.
The most recent analyst rating on (GB:SRP) stock is a Buy with a £2.00 price target. To see the full list of analyst forecasts on Serco Group plc stock, see the GB:SRP Stock Forecast page.
Spark’s Take on GB:SRP Stock
According to Spark, TipRanks’ AI Analyst, GB:SRP is a Outperform.
Serco Group plc’s overall stock score is driven by strong corporate events and solid cash flow management. However, the high P/E ratio and moderate technical indicators temper the score. The company’s strategic acquisitions and contract wins in the defense sector position it well for future growth, but profitability challenges and valuation concerns remain.
To see Spark’s full report on GB:SRP stock, click here.
More about Serco Group plc
Serco Group plc is a global service company that focuses on providing innovative solutions to governments worldwide. With over 50,000 employees, Serco operates in sectors such as defense, space, migration, justice, healthcare, mobility, and customer services. The company’s core capabilities include service design and advisory, resourcing, complex program management, systems integration, case management, engineering, and asset and facilities management.
Average Trading Volume: 2,594,033
Technical Sentiment Signal: Buy
Current Market Cap: £2.22B
See more data about SRP stock on TipRanks’ Stock Analysis page.