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Softcat ( (GB:SCT) ) has provided an update.
Softcat plc has repurchased 84,600 of its ordinary shares on the London Stock Exchange through J.P. Morgan Securities as part of the share buy-back programme launched on 8 January 2026, paying a weighted average price of 1,482.9868p per share. The company will cancel these shares, reducing its issued share capital to 199,970,216 ordinary shares with voting rights and no treasury shares, a move that marginally enhances earnings per share and may be seen as a signal of confidence in the company’s valuation while providing shareholders with a revised denominator for regulatory disclosure thresholds.
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-based IT infrastructure and services provider listed on the London Stock Exchange. The company focuses on supplying software, hardware, cloud and related IT solutions to corporate and public sector customers, positioning itself as a key player in the UK technology resale and services market.
Average Trading Volume: 444,106
Technical Sentiment Signal: Hold
Current Market Cap: £2.96B
See more data about SCT stock on TipRanks’ Stock Analysis page.