tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Serco Group Expands Share Buy-Back Program with Latest Purchase

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

Meet Your ETF AI Analyst

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

Serco Group plc has announced the purchase of 249,000 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 15,928,877 shares. The move is likely aimed at optimizing the capital structure and potentially enhancing shareholder value by reducing the number of shares in circulation, which can increase earnings per share and improve market perception.

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 operating in the outsourcing industry, providing public services across various sectors including defense, transport, justice, immigration, healthcare, and citizen services. The company focuses on delivering essential services on behalf of governments and other public bodies around the world.

Average Trading Volume: 2,806,600

Technical Sentiment Signal: Buy

Current Market Cap: £2.5B

Learn more about 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