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Science ( (GB:SAG) ) has provided an announcement.
Science Group plc, a company listed on the AIM market, has announced the repurchase of 35,000 of its ordinary shares at a price of 553 pence each. This transaction represents 0.08% of the voting rights of the total ordinary shares before the purchase. The shares will be held in treasury, and the total number of shares in issue, excluding treasury shares, is now 44,078,508. This buyback may influence shareholders’ calculations regarding their interests in the company under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:SAG) stock is a Buy with a £635.00 price target. To see the full list of analyst forecasts on Science stock, see the GB:SAG Stock Forecast page.
Spark’s Take on GB:SAG Stock
According to Spark, TipRanks’ AI Analyst, GB:SAG is a Outperform.
Science Group’s strong financial performance and strategic corporate events are the primary drivers of its high stock score. Despite technical indicators suggesting a potential short-term pullback, the company’s robust cash position and strategic investments provide a solid foundation for future growth. Valuation concerns due to an unusually high dividend yield slightly temper the overall score.
To see Spark’s full report on GB:SAG stock, click here.
More about Science
Average Trading Volume: 90,036
Technical Sentiment Signal: Buy
Current Market Cap: £242.6M
Find detailed analytics on SAG stock on TipRanks’ Stock Analysis page.