Serco Group plc (GB:SRP) has released an update.
Serco Group plc has recently purchased 446,086 of its own ordinary shares, which will be held in treasury, contributing to a total of 33,935,488 shares bought back since the program’s initiation on February 29, 2024. This latest transaction leaves the company with 1,069,610,478 ordinary shares in issue, excluding those held in treasury. Such strategic buyback activities could indicate the company’s confidence in its financial health and future prospects, a detail often of interest to shareholders and potential investors in the stock market.
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