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Serco Group Expands Share Buy-Back Program with Latest Purchase

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Serco Group Expands Share Buy-Back Program with Latest Purchase

Meet Your ETF AI Analyst

Serco Group plc ( (GB:SRP) ) just unveiled an announcement.

Serco Group plc has announced the purchase of 247,500 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 increases the total number of shares held in treasury to 15,679,877, while the total number of shares in issue with voting rights remains at 1,008,175,366. The buy-back program is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

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 is a British company that operates in the service industry, providing public services across various sectors including defense, transport, justice, immigration, healthcare, and citizen services. The company primarily focuses on delivering essential services to governments and other public sector organizations globally.

Average Trading Volume: 2,900,961

Technical Sentiment Signal: Buy

Current Market Cap: £2.53B

For a thorough assessment of SRP stock, go to TipRanks’ Stock Analysis page.

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