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Serco Group plc ( (GB:SRP) ) just unveiled an announcement.
Serco Group plc has continued to execute its previously announced share buyback programme, repurchasing 240,000 ordinary shares on 12 March 2026 and 229,933 shares on 13 March 2026 at average prices just above 320 pence. Following these transactions, the company has 1,001,590,378 ordinary shares in issue excluding treasury stock, with 1,155,636 shares now held in treasury, and has updated investors on the new total of voting rights for regulatory disclosure purposes.
The buybacks, conducted via RBC Europe Limited across several trading venues, are part of Serco’s broader capital management strategy and signal an ongoing return of cash to shareholders while slightly reducing the free float. By concentrating ownership and adjusting the denominator for disclosure thresholds, the programme has implications for investors’ reporting obligations and may marginally enhance per-share metrics 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 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 services company operating through long-term contracts, primarily with governments and public-sector bodies. It provides business process outsourcing, defence, justice, immigration, transport, healthcare, and citizen services across multiple international markets, with its shares traded on the London Stock Exchange.
Average Trading Volume: 3,067,873
Technical Sentiment Signal: Buy
Current Market Cap: £3.21B
For detailed information about SRP stock, go to TipRanks’ Stock Analysis page.