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Serco Group plc ( (GB:SRP) ) just unveiled an announcement.
Serco Group plc has announced the purchase of 266,514 of its own ordinary shares, which will be held in treasury. This transaction is part of a larger share buy-back program initiated on 7 August 2025, through which the company has acquired a total of 2,680,608 shares. The move is expected to impact the company’s share capital structure, with 1,021,174,635 shares remaining in issue, excluding treasury shares. This strategic financial maneuver could influence shareholder value and market perception.
The most recent analyst rating on (GB:SRP) stock is a Buy with a £260.00 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 stock score is driven by strong technical indicators and positive earnings call sentiment, despite valuation concerns. Financial performance shows mixed results, with strong cash flow but profitability and debt challenges. The stock’s bullish momentum and strategic growth in the defense sector are key strengths.
To see Spark’s full report on GB:SRP stock, click here.
More about Serco Group plc
Serco Group plc is a British company that operates in the service industry, providing a range of services including defense, transport, justice, immigration, healthcare, and citizen services. The company focuses on delivering essential public services to government and other institutions around the world.
Average Trading Volume: 2,353,268
Technical Sentiment Signal: Buy
Current Market Cap: £2.3B
See more data about SRP stock on TipRanks’ Stock Analysis page.