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The latest update is out from Serco Group plc ( (GB:SRP) ).
Serco Group plc has continued to execute its previously announced share buyback programme, repurchasing 267,155 ordinary shares on 1 April and a further 260,000 on 2 April 2026 via RBC Europe at average prices just under 292 pence. These transactions form part of an ongoing capital return strategy and reduce the free float, with all repurchased stock held in treasury.
Following the latest purchases, Serco now has 998,118,543 ordinary shares in issue excluding 4,627,471 shares held in treasury, which also sets the updated total voting rights for regulatory disclosure purposes. Since the buyback’s launch in early March, the company has acquired 4,627,471 shares in total, signalling continued management focus on shareholder returns and potentially enhancing earnings per share for remaining investors over time.
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 international services company that typically operates public service contracts for governments and other institutions, including areas such as defence, transport, justice, immigration, and citizen services. The group’s shares are traded on the London Stock Exchange and are a constituent of major U.K. equity indices, making its capital allocation decisions closely watched by investors.
Average Trading Volume: 2,998,987
Technical Sentiment Signal: Buy
Current Market Cap: £2.86B
For an in-depth examination of SRP stock, go to TipRanks’ Overview page.