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Serco Group’s Strategic Share Buyback Initiative
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Serco Group’s Strategic Share Buyback Initiative

Serco Group plc (GB:SRP) has released an update.

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Serco Group plc has announced the acquisition of 1.55 million of its own shares, which will be held in treasury, as part of its ongoing share buyback program. Since the program’s inception, the company has repurchased over 71.8 million shares, reflecting a strategic move to enhance shareholder value. This latest transaction leaves Serco with approximately 5.9 million shares in treasury and a total of over 1 billion shares in circulation.

For further insights into GB:SRP stock, check out TipRanks’ Stock Analysis page.

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