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Serco Group plc ( (GB:SRP) ) has issued an announcement.
Serco Group plc, a provider of public services, has announced the purchase of 262,600 of its own ordinary shares, which it plans to hold in treasury. This transaction is part of an ongoing share buy-back program initiated in August 2025, under which the company has now acquired a total of 11,685,175 shares. The buy-back is expected to impact the company’s share capital structure, potentially affecting shareholder voting rights and interest calculations.
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
Average Trading Volume: 2,557,737
Technical Sentiment Signal: Buy
Current Market Cap: £2.38B
For a thorough assessment of SRP stock, go to TipRanks’ Stock Analysis page.