tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Serco Group Continues Share Buy-Back Program with Latest Purchase

Story Highlights
Serco Group Continues Share Buy-Back Program with Latest Purchase

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Serco Group plc ( (GB:SRP) ) is now available.

Serco Group plc has announced the purchase of 268,331 of its own ordinary shares, which will be held in treasury. This transaction is part of a larger share buy-back program initiated on August 7, 2025, through which the company has acquired a total of 8,844,275 shares. The move is likely aimed at consolidating the company’s share value and optimizing its capital structure, potentially benefiting shareholders by increasing earnings per share and providing a signal of confidence in the company’s financial health.

The most recent analyst rating on (GB:SRP) stock is a Hold with a £230.00 price target. To see the full list of analyst forecasts on Serco Group plc stock, see the GB:SRP Stock Forecast page.

Spark’s Take on GB:SRP Stock

According to Spark, TipRanks’ AI Analyst, GB:SRP is a Outperform.

Serco Group plc’s stock score is driven by strong technical indicators and positive earnings call sentiment, despite valuation concerns. Financial performance shows mixed results, with strong cash flow but profitability and debt challenges. The stock’s bullish momentum and strategic growth in the defense sector are key strengths.

To see Spark’s full report on GB:SRP stock, click here.

More about Serco Group plc

Serco Group plc is a British company operating in the outsourcing industry, providing a range of public services across sectors such as defense, transport, justice, immigration, healthcare, and citizen services. The company focuses on delivering essential services to governments and organizations worldwide.

Average Trading Volume: 2,462,265

Technical Sentiment Signal: Buy

Current Market Cap: £2.3B

Find detailed analytics on SRP stock on 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