Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Softcat ( (GB:SCT) ) has provided an announcement.
Softcat plc has repurchased 147,200 of its ordinary shares on the London Stock Exchange on 29 January 2026 via J.P. Morgan Securities, at prices between 1,405p and 1,432p per share, as part of its ongoing share buy-back programme. The company intends to cancel these shares, reducing its issued share capital to 198,598,428 ordinary shares with voting rights and leaving no shares held in treasury, a move that will slightly enhance earnings per share and may signal continued confidence in the company’s valuation to investors while updating the free float denominator for regulatory disclosure purposes.
The most recent analyst rating on (GB:SCT) stock is a Buy with a £1654.00 price target. To see the full list of analyst forecasts on Softcat stock, see the GB:SCT Stock Forecast page.
Spark’s Take on GB:SCT Stock
According to Spark, TipRanks’ AI Analyst, GB:SCT is a Outperform.
Softcat’s strong financial performance and positive corporate events are the most significant factors driving the score. However, technical indicators suggest caution due to bearish trends, and the valuation is moderate. The absence of recent earnings call data limits insights into management’s current outlook.
To see Spark’s full report on GB:SCT stock, click here.
More about Softcat
Softcat plc is a UK-listed IT infrastructure and services provider, supplying organisations with software, hardware, security and cloud solutions. It focuses on the corporate and public sectors, positioning itself as a key channel partner for major technology vendors in the UK market.
Average Trading Volume: 514,085
Technical Sentiment Signal: Hold
Current Market Cap: £2.82B
For a thorough assessment of SCT stock, go to TipRanks’ Stock Analysis page.