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An update from Serco Group plc ( (GB:SRP) ) is now available.
Serco Group plc has announced the acquisition of 277,001 of its own ordinary shares, which will be held in treasury. This purchase is part of a larger share buy-back program initiated on 7 August 2025, bringing the total number of shares acquired under the program to 788,998. The company now holds these shares in treasury, with 1,023,066,245 ordinary shares remaining in issue. This move is likely aimed at strengthening shareholder value and optimizing capital structure, reflecting positively on Serco’s financial strategy.
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 demonstrates strong technical momentum and positive earnings call sentiment, driven by strategic growth in the defense sector. Financial performance is mixed, with strong cash flow but challenges in profitability. The high P/E ratio suggests potential overvaluation, but the company’s strategic initiatives and shareholder value enhancements provide a positive outlook.
To see Spark’s full report on GB:SRP stock, click here.
More about Serco Group plc
Average Trading Volume: 2,620,794
Technical Sentiment Signal: Buy
Current Market Cap: £2.25B
For an in-depth examination of SRP stock, go to TipRanks’ Overview page.