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Serco Group plc ( (GB:SRP) ) just unveiled an update.
Serco Group plc has continued to execute its previously announced share buyback programme, repurchasing 250,969 ordinary shares on 30 March and 260,000 shares on 31 March 2026 through RBC Europe at average prices just below 290 pence. Since the programme began on 5 March, the company has bought back a total of 4,100,316 shares, which are being held in treasury, signalling ongoing capital management and potentially accretive effects for remaining shareholders.
Following the latest transactions, Serco now has 998,645,698 ordinary shares in issue excluding treasury and holds 4,100,316 shares in treasury, setting the current total voting rights at 998,645,698. The updated share count and voting-rights figure provide a new reference point for investors and regulatory disclosures, and indicate a modest reduction in free float as the buyback progresses.
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 UK-listed international outsourcing company that provides public services on behalf of governments and other organisations. Its operations span sectors such as defence, justice, immigration, transport and health, focusing on long-term service contracts and efficiency-driven delivery models.
Average Trading Volume: 3,059,510
Technical Sentiment Signal: Buy
Current Market Cap: £2.84B
Find detailed analytics on SRP stock on TipRanks’ Stock Analysis page.