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An update from Serco Group plc ( (GB:SRP) ) is now available.
Serco Group plc has continued to execute its recently announced share buyback programme, repurchasing 1,256,257 ordinary shares between 23 and 27 March 2026 at prices around 291–306 pence and holding these in treasury. Following these transactions, Serco now has 999,156,667 ordinary shares in issue excluding 3,589,347 treasury shares, a structure that tightens the free float and sets the new base for voting-rights calculations under U.K. transparency rules.
The company has now bought back a total of 3,589,347 shares since the programme began on 5 March, with trades executed across multiple venues including XLON, CHIX, BATE, TRQX, and AQXE, reflecting active management of its capital structure. For shareholders and other stakeholders, the ongoing buyback signals continued confidence in Serco’s valuation and provides a modest uplift to earnings per share while clarifying the denominator used for regulatory disclosure of significant shareholdings.
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 a U.K.-listed outsourcing and public services contractor that provides business process management, facilities management, and frontline services to governments and regulated industries worldwide. The company focuses on long-term contracts in sectors such as defence, justice, immigration, transport, health, and citizen services, generating largely recurring revenue from public-sector clients.
Average Trading Volume: 2,979,457
Technical Sentiment Signal: Buy
Current Market Cap: £2.91B
For a thorough assessment of SRP stock, go to TipRanks’ Stock Analysis page.