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Sage Group plc ( (GB:SGE) ) has issued an announcement.
The Sage Group plc has executed a share buyback transaction, purchasing 24,817 of its ordinary shares at an average price of 1,320.5833 pence per share. This buyback is part of a previously announced program aimed at reducing the number of outstanding shares, which can potentially increase shareholder value and demonstrate confidence in the company’s financial stability.
More about Sage Group plc
The Sage Group plc operates in the software industry, focusing on providing integrated accounting, payroll, and payment systems to businesses primarily in the UK and globally. Sage is known for its market focus on small to medium-sized enterprises, offering solutions that enhance business efficiency and compliance.
YTD Price Performance: 4.58%
Average Trading Volume: 3,075,122
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £13.03B
See more data about SGE stock on TipRanks’ Stock Analysis page.
