tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Serco Group Expands Share Buy-Back Program with Latest Acquisition

Story Highlights
Serco Group Expands Share Buy-Back Program with Latest Acquisition

Claim 50% Off TipRanks Premium and Invest with Confidence

Serco Group plc ( (GB:SRP) ) has shared an announcement.

Serco Group plc has announced the purchase of 249,133 of its own ordinary shares, which will be held in treasury. This acquisition is part of a broader share buy-back program initiated in August 2025, through which the company has acquired a total of 18,426,782 shares. The move is likely aimed at consolidating shareholder value and optimizing capital structure, potentially impacting the company’s market positioning by enhancing share value and investor confidence.

The most recent analyst rating on (GB:SRP) stock is a Buy with a £300.00 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 operates in the service industry, providing public services across sectors such as defense, transport, justice, immigration, healthcare, and citizen services. The company focuses on delivering essential services to government and other public sector clients worldwide.

Average Trading Volume: 2,480,998

Technical Sentiment Signal: Buy

Current Market Cap: £2.47B

Find detailed analytics on SRP stock on TipRanks’ Stock Analysis 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