Serco Group plc (GB:SRP) has released an update.
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Serco Group plc has further expanded its share buyback program by acquiring an additional 245,001 ordinary shares, aiming to strengthen its financial position by holding these shares in treasury. Since announcing the program in February 2024, Serco has repurchased over 67 million shares, reflecting a strategic move to potentially enhance shareholder value. The company’s actions could influence investor sentiment and the overall market perception of its stock.
For further insights into GB:SRP stock, check out TipRanks’ Stock Analysis page.
