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Sage Group plc ( (GB:SGE) ) has issued an update.
Sage Group plc has executed a share buyback program, purchasing 32,460 ordinary shares from J.P. Morgan Securities plc on the London Stock Exchange. This move is part of a previously announced buyback initiative set to conclude by June 2025, with all acquired shares to be cancelled. The transaction reflects Sage’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Sage Group plc
Sage Group plc is a UK-based company operating in the software industry, primarily known for providing business management software and services. The company focuses on small to medium-sized enterprises, offering solutions that support accounting, payroll, and payment systems.
YTD Price Performance: 4.93%
Average Trading Volume: 2,795,954
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £13.12B
See more data about SGE stock on TipRanks’ Stock Analysis page.
