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Sage Group plc ( (GB:SGE) ) has provided an announcement.
Sage Group plc has announced the purchase of 4,056 of its ordinary shares at a price of 1,290 pence each as part of its share buyback program. This strategic move is expected to enhance shareholder value by reducing the number of outstanding shares, thereby potentially increasing earnings per share and improving the company’s financial leverage.
More about Sage Group plc
Sage Group plc operates within the technology sector, providing business management software and services primarily focused on accounting, payroll, and payment systems. The company serves small and medium-sized enterprises, offering solutions that cater to the needs of different industries worldwide.
YTD Price Performance: 13.11%
Average Trading Volume: 2,304,375
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £13.02B
See more data about SGE stock on TipRanks’ Stock Analysis page.
