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Serco Group plc ( (GB:SRP) ) has provided an announcement.
Serco Group plc has announced the purchase of 261,422 ordinary shares, which it intends to hold in treasury as part of its ongoing share buy-back program. This transaction increases the total number of shares held in treasury to 10,395,505, with 1,013,459,738 shares remaining in issue. The buy-back program, initiated on August 7, 2025, aims to enhance shareholder value and optimize the company’s capital structure, reflecting a strategic move to strengthen its market position.
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 across various sectors including defense, transport, justice, immigration, healthcare, and citizen services. The company focuses on delivering essential services to government and other public sector clients globally.
Average Trading Volume: 2,527,073
Technical Sentiment Signal: Buy
Current Market Cap: £2.37B
Find detailed analytics on SRP stock on TipRanks’ Stock Analysis page.