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An announcement from Serco Group plc ( (GB:SRP) ) is now available.
Serco Group plc has announced the purchase of 279,358 of its own ordinary shares, which will be held in treasury. This transaction is part of a larger share buy-back program initiated in August 2025, through which the company has acquired a total of 8,241,799 shares. The move is aimed at managing the company’s capital structure and potentially enhancing shareholder value by reducing the number of shares in circulation, thereby impacting the company’s stock liquidity and market perception.
The most recent analyst rating on (GB:SRP) stock is a Hold with a £230.00 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 leading provider of public services, operating across sectors such as defense, transport, justice, immigration, healthcare, and citizen services. The company primarily focuses on delivering essential services to government and public sector clients worldwide.
Average Trading Volume: 2,450,043
Technical Sentiment Signal: Buy
Current Market Cap: £2.21B
Find detailed analytics on SRP stock on TipRanks’ Stock Analysis page.