tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

SSC Security Services to Renew Share Repurchase Program

Story Highlights
SSC Security Services to Renew Share Repurchase Program

TipRanks Cyber Monday Sale

SSC Security Services ( (TSE:SECU) ) has shared an update.

SSC Security Services Corp. has announced its intention to renew a normal course issuer bid to repurchase up to 1,100,000 Class A common shares, representing about 10% of its public float. The move, pending approval from the TSX Venture Exchange, is aimed at enhancing shareholder value as management believes the shares are undervalued. The bid will commence on January 6, 2026, and will be conducted through CIBC Capital Markets.

The most recent analyst rating on (TSE:SECU) stock is a Hold with a C$2.50 price target. To see the full list of analyst forecasts on SSC Security Services stock, see the TSE:SECU Stock Forecast page.

Spark’s Take on TSE:SECU Stock

According to Spark, TipRanks’ AI Analyst, TSE:SECU is a Neutral.

The overall stock score is primarily influenced by strong revenue growth and a solid balance sheet, but is offset by profitability challenges and cash flow issues. Technical indicators show mild positive momentum, but valuation concerns due to a negative P/E ratio weigh heavily on the score.

To see Spark’s full report on TSE:SECU stock, click here.

More about SSC Security Services

SSC Security Services Corp. is a national provider of cyber, physical, and electronic security services catering to corporate and public sector clients across Canada.

Average Trading Volume: 12,137

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$47.49M

For detailed information about SECU stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1