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Serco Group plc ( (GB:SRP) ) has issued an announcement.
Serco Group plc has announced the purchase of 256,000 of its own ordinary shares, which will be held in treasury, as part of its ongoing share buy-back program initiated in August 2025. This transaction increases the total number of shares held in treasury to over 13 million, with the remaining shares available for voting rights totaling over 1 billion. This strategic move is likely aimed at enhancing shareholder value and optimizing capital structure, reflecting the company’s commitment to returning value to its investors.
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 operates in the service industry, providing public services in sectors such as defense, transportation, and healthcare. The company is known for its focus on delivering essential services to governments and other public sector organizations worldwide.
Average Trading Volume: 2,702,674
Technical Sentiment Signal: Buy
Current Market Cap: £2.44B
For a thorough assessment of SRP stock, go to TipRanks’ Stock Analysis page.