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Serco Group plc ( (GB:SRP) ) just unveiled an update.
Serco Group plc has continued to execute its recently announced share buyback programme, repurchasing 685,703 ordinary shares between 9 and 11 March 2026 at prices around 314–318 pence per share through RBC Europe Limited. The repurchased shares have been placed into treasury, signalling ongoing capital management efforts that may be viewed as supportive of shareholder returns and earnings per share.
Following these transactions, Serco now has 1,002,060,311 ordinary shares in issue excluding 685,703 shares held in treasury, setting the company’s total voting rights at 1,002,060,311 as of 11 March 2026. The updated share and voting-rights structure provides an official reference point for investors assessing disclosure thresholds under U.K. transparency rules and reflects the early progress of the buyback since its launch on 5 March 2026.
The most recent analyst rating on (GB:SRP) stock is a Buy with a £340.00 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 GB:SRP Stock
According to Spark, TipRanks’ AI Analyst, GB: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 GB:SRP stock, click here.
More about Serco Group plc
Serco Group plc is a U.K.-listed support services company that operates public service contracts on behalf of governments and other organisations. The group typically focuses on sectors such as defence, justice, immigration, transport, health, and citizen services, providing outsourced management, operational support, and related professional services in the U.K. and internationally.
Average Trading Volume: 2,991,770
Technical Sentiment Signal: Buy
Current Market Cap: £3.14B
See more data about SRP stock on TipRanks’ Stock Analysis page.