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Softcat ( (GB:SCT) ) just unveiled an announcement.
Softcat plc has continued execution of its recently announced share buy-back programme, repurchasing 81,252 ordinary shares on 13 January 2026 via J.P. Morgan Securities at prices between 1,461p and 1,487p, with a weighted average price of 1,475.3563p. The company intends to cancel these shares, reducing its issued share capital to 199,888,964 ordinary shares with voting rights, a move that marginally enhances earnings per share and signals ongoing capital returns to shareholders while providing an updated denominator for regulatory disclosure calculations under FCA rules.
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 technology solutions and related support to corporate and public sector customers across the country.
Average Trading Volume: 451,209
Technical Sentiment Signal: Hold
Current Market Cap: £2.96B
For a thorough assessment of SCT stock, go to TipRanks’ Stock Analysis page.