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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 1,371,302 ordinary shares between 11 and 15 May 2026 via RBC Europe Limited at average prices around 265–270 pence. Following these transactions, Serco has 990,806,729 shares in issue excluding 11,939,285 shares now held in treasury, which also represents the total bought back since the programme started on 5 March 2026.
The updated share count sets the new denominator for voting-rights calculations under U.K. disclosure rules, giving investors clarity on their reporting thresholds and potential changes in ownership percentages. By reducing the free float through treasury purchases, the buyback may enhance earnings per share over time and signals continued capital return to shareholders within the company’s stated programme parameters.
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 outsourcing and public services provider that operates government contracts across defence, justice, immigration, transport and healthcare. The company focuses on delivering complex services on behalf of public sector clients in the U.K. and internationally, and its shares trade on the London Stock Exchange.
Average Trading Volume: 2,927,863
Technical Sentiment Signal: Buy
Current Market Cap: £2.66B
Learn more about SRP stock on TipRanks’ Stock Analysis page.