Serco Shareholders Back All Resolutions at 2026 AGM, Approve Dividend and Board Authorities

Serco Group plc ( (GB:SRP) ) has issued an update.

Serco Group plc reported that all resolutions at its 22 April 2026 annual general meeting in London were approved by shareholders via poll, covering routine business such as receiving the annual report, approving the directors’ remuneration report, and confirming a final dividend of 3.05 pence per share. The meeting also saw the election of Keith Williams and Mark Reid to the board, the re-election of the existing non-executive directors, and the reappointment of Ernst & Young as auditor, with overall turnout representing just over three quarters of the company’s issued share capital.

Shareholders backed board authorities to allot shares, disapply pre-emption rights and authorise share buybacks, as well as permitting political donations, short-notice general meetings and an increase to the cap on non-executive directors’ fees. The strong support across all resolutions consolidates Serco’s governance framework, gives the board greater financial and capital management flexibility, and signals continued investor confidence in the company’s strategic direction and leadership.

The most recent analyst rating on (GB:SRP) stock is a Buy with a £350.00 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 SRP Stock

According to Spark, TipRanks’ AI Analyst, SRP is a Outperform.

The score is driven primarily by strong cash generation and an improved balance-sheet profile, supported by a very low P/E valuation. Technicals are positive with the stock in an uptrend, while earnings-call takeaways are constructive (profit-growth guidance and strong pipeline) but tempered by near-term headwinds (immigration exposure), higher debt/finance costs, and execution/timing risks.

To see Spark’s full report on SRP stock, click here.

More about Serco Group plc

Serco Group plc is an international outsourcing and public services provider that primarily serves government clients around the world. Its more than 50,000 employees deliver services across defence, space, migration, justice, healthcare, mobility, and customer services, with core capabilities in service design and advisory, resourcing, complex programme management, systems integration, case management, engineering, and asset and facilities management.

The company focuses on combining people, technology, and partnerships to design and run large-scale, complex programmes, supporting customers from service discovery through to delivery. Operating under a distinct internal model, Serco aims to provide innovative solutions that address urgent and complex public-sector challenges globally, reinforcing its positioning as a key contractor to governments.

Average Trading Volume: 2,827,460

Technical Sentiment Signal: Buy

Current Market Cap: £2.91B

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