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Sage Group Enhances Shareholder Value with Share Buyback

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Sage Group Enhances Shareholder Value with Share Buyback

Sage Group plc ( (GB:SGE) ) has issued an update.

Sage Group plc has announced the repurchase of 295,966 of its ordinary shares as part of a share buyback program initiated in November 2024. This move, involving transactions on the London Stock Exchange and Multilateral Trading Facilities, reflects Sage’s strategic effort to enhance shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share.

More about Sage Group plc

Sage Group plc is a leading provider in the software industry, primarily offering business management solutions such as accounting, payroll, and payment systems. The company focuses on serving small to medium-sized enterprises globally, helping them streamline operations and improve efficiency.

YTD Price Performance: 2.04%

Average Trading Volume: 2,835,870

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £12.69B

See more data about SGE stock on TipRanks’ Stock Analysis page.

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