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The latest update is out from Sage Group plc ( (GB:SGE) ).
Sage Group plc announced the purchase of 35,268 of its ordinary shares on the London Stock Exchange as part of its ongoing share buyback program. This initiative, aimed at reducing the number of outstanding shares, is expected to conclude by June 2025 and reflects the company’s strategy to enhance shareholder value by canceling the repurchased shares.
More about Sage Group plc
Sage Group plc is a prominent technology company specializing in software solutions and services aimed at simplifying business processes. Their primary focus is on developing software for accounting, payroll, and payment systems, catering to businesses of various sizes globally.
YTD Price Performance: 4.89%
Average Trading Volume: 2,797,654
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £13.11B
See more insights into SGE stock on TipRanks’ Stock Analysis page.
