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Science ( (GB:SAG) ) has issued an update.
Science Group PLC has announced the repurchase of 17,500 of its ordinary shares at a price of 550 pence per share, representing 0.04% of the voting rights before the purchase. These shares will be held in treasury, and the total number of ordinary shares in issue, excluding treasury shares, is now 44,063,508. This transaction is part of the company’s buyback program, which may impact shareholder calculations regarding their interest in the company under FCA regulations.
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
Science Group PLC operates in the technology and consulting industry, providing a range of services and products focused on scientific and engineering solutions. The company is listed on the AIM market of the London Stock Exchange and engages in activities that support innovation and development across various sectors.
Average Trading Volume: 91,493
Technical Sentiment Signal: Buy
Current Market Cap: £244.6M
Learn more about SAG stock on TipRanks’ Stock Analysis page.