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Softcat ( (GB:SCT) ) just unveiled an update.
Softcat plc has continued its share buy-back programme, repurchasing 90,500 ordinary shares on 16 January 2026 via J.P. Morgan Securities at prices between 1,452p and 1,468p, with a weighted average price of 1,460.6441p per share. The company intends to cancel these shares, reducing its issued share capital to 199,630,354 ordinary shares with voting rights, a move that marginally enhances earnings per share and underscores management’s ongoing capital-return policy for shareholders while leaving no shares held in treasury and clarifying the new 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, supplying software, hardware and related IT solutions to corporate and public sector customers.
Average Trading Volume: 470,211
Technical Sentiment Signal: Hold
Current Market Cap: £2.88B
For an in-depth examination of SCT stock, go to TipRanks’ Overview page.