tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Serco Group Expands Share Buy-Back Program

Story Highlights
Serco Group Expands Share Buy-Back Program

TipRanks Cyber Monday Sale

An update from Serco Group plc ( (GB:SRP) ) is now available.

Serco Group plc announced the purchase of 237,792 of its own ordinary shares, which will be held in treasury, as part of its ongoing share buy-back program initiated in August 2025. This transaction brings the total number of shares held in treasury to 20,899,945, with 1,002,955,298 shares remaining in issue. The buy-back program is a strategic move to manage the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.

The most recent analyst rating on (GB:SRP) stock is a Buy with a £280.00 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 a positive earnings call, highlighting growth in key sectors and operational efficiency. However, high valuation metrics and profitability challenges weigh on the overall score.

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 public services across sectors such as defense, transport, justice, immigration, healthcare, and citizen services. The company focuses on delivering essential services to governments and other institutions around the world.

Average Trading Volume: 2,457,040

Technical Sentiment Signal: Buy

Current Market Cap: £2.56B

For an in-depth examination of SRP stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1