Serco Group plc (GB:SRP) has released an update.
Serco Group plc has announced the repurchase of 477,884 ordinary shares at a volume-weighted average price ranging between £1.7580 and £1.7880 through J.P. Morgan Securities plc, as part of its ongoing share buyback programme initiated on 29 February 2024. Following these transactions, the company now holds over 32 million shares in treasury, with the total number of shares in issue (excluding those in treasury) standing at approximately 1.048 billion. The repurchased shares will be held in treasury, potentially influencing the company’s share value and ownership structure.
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