Serco Group plc (GB:SRP) has released an update.
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Serco Group plc has acquired 662,241 of its own ordinary shares, as part of its ongoing share buyback program initiated earlier this year. The company now holds over 40 million ordinary shares in treasury, with a total of 1.03 billion shares in circulation. This move is likely aimed at optimizing the company’s capital structure and providing value to shareholders.
For further insights into GB:SRP stock, check out TipRanks’ Stock Analysis page.