Serco Group plc (GB:SRP) has released an update.
Serco Group plc has announced the acquisition of 498,094 of its own ordinary shares, executed through J.P. Morgan Securities, as part of its ongoing buyback program. This brings the total number of shares bought back since the program’s inception in February 2024 to over 67 million, with the company holding nearly 44 million shares in treasury. Investors may view this move as a strategic effort by Serco to enhance shareholder value and optimize its capital structure.
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