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Serco Group Continues Share Buyback Strategy

Serco Group Continues Share Buyback Strategy

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

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Serco Group plc has recently expanded its treasury by purchasing 501,556 of its own shares, as part of an ongoing share buyback program initiated on February 29, 2024, which has now reached a total of 50,368,891 shares. Following the latest transactions, the company’s total issued ordinary shares, excluding those held in treasury, stands at 1,053,177,075 with equal voting rights. This move may impact shareholders’ notification requirements under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.

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

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