Claim 70% 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) ) just unveiled an update.
Softcat has launched a share buyback programme of up to £45 million to repurchase and cancel its ordinary shares, starting on 8 January 2026 and expected to complete in the first half of the year. The initiative, conducted via a non-discretionary agreement with J.P. Morgan Securities plc under pre-set parameters and existing shareholder authorities, underscores the board’s confidence in the company’s long‑term prospects and disciplined capital allocation, signalling continued strength in cash generation and balance sheet resilience for shareholders.
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 leading UK provider of IT infrastructure products and services, supplying a range of technology solutions to business and public sector customers, underpinned by strong cash generation and a robust financial position.
Average Trading Volume: 423,910
Technical Sentiment Signal: Hold
Current Market Cap: £2.77B
See more insights into SCT stock on TipRanks’ Stock Analysis page.