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Serco Group plc ( (GB:SRP) ) has issued an announcement.
Serco Group plc has announced the purchase of 244,900 of its own ordinary shares, which will be held in treasury. This transaction is part of an ongoing share buy-back program initiated on 7 August 2025, through which the company has acquired a total of 14,947,169 shares. The move is likely aimed at consolidating ownership and potentially increasing shareholder value, reflecting a strategic financial decision that impacts the company’s market positioning and shareholder interests.
The most recent analyst rating on (GB:SRP) stock is a Buy with a £300.00 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 a positive earnings call, highlighting growth in key sectors and operational efficiency. However, high valuation metrics and profitability challenges weigh on the overall score.
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 a range of services including defense, transport, justice, immigration, healthcare, and citizen services. The company focuses on delivering essential public services across various sectors, primarily in the UK and internationally.
Average Trading Volume: 2,868,536
Technical Sentiment Signal: Buy
Current Market Cap: £2.55B
For detailed information about SRP stock, go to TipRanks’ Stock Analysis page.