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Serco Group plc ( (GB:SRP) ) has provided an announcement.
Serco Group plc has continued to execute its previously announced share buyback programme, repurchasing just over 1.28 million ordinary shares between 13 and 17 April 2026 via RBC Europe at average prices around 294–299 pence. Since the start of the programme in early March, Serco has acquired 6,908,278 shares in total, all of which are being held in treasury, signalling ongoing capital return to shareholders.
Following the latest transactions, Serco now has 995,837,736 ordinary shares in issue excluding treasury stock and 6,908,278 shares held in treasury, setting the current total voting rights at 995,837,736. The updated share count provides a new reference point for investors and other stakeholders in meeting disclosure obligations under UK transparency rules and may modestly enhance earnings per share through the reduced free float.
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 provider of public services, delivering outsourced operations and support to government and public sector clients across defence, justice, immigration, transport and healthcare. The company focuses on long-term service contracts, operating critical infrastructure and complex programmes in the UK and internationally.
Average Trading Volume: 3,006,363
Technical Sentiment Signal: Buy
Current Market Cap: £2.92B
For detailed information about SRP stock, go to TipRanks’ Stock Analysis page.