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Sage Group plc ( (GB:SGE) ) has provided an update.
Sage Group plc has executed the purchase of 552,496 of its ordinary shares as part of a buyback program initiated in November 2024. The shares were acquired at prices ranging between 1,314.5000p and 1,323.5000p per share, with a volume weighted average price of 1,318.1104p. This move is part of Sage’s strategy to manage its capital more efficiently and enhance shareholder value, with all purchased shares set to be cancelled.
More about Sage Group plc
Sage Group plc is a leading global technology company, specializing in providing business management software and services. The company focuses on delivering solutions to small and medium-sized enterprises to enhance their management efficiency and operational productivity.
YTD Price Performance: 4.46%
Average Trading Volume: 2,753,521
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £13.07B
For detailed information about SGE stock, go to TipRanks’ Stock Analysis page.