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Serco Group Continues Share Buyback Scheme

Serco Group Continues Share Buyback Scheme

Serco Group plc (GB:SRP) has released an update.

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Serco Group plc has reported the acquisition of 465,063 ordinary shares at varying prices through J.P. Morgan Securities plc on 21 August 2024, with the intention to keep the purchased shares in treasury. The buyback is part of a larger programme announced earlier in February, which has seen the company buy back over 44 million shares. After the latest transaction, Serco Group plc’s total number of shares in issue stands at just over 1 billion, excluding treasury shares.

For further insights into GB:SRP stock, check out TipRanks’ Stock Analysis page.

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