--- title: "Sage Cancels 602,097 Shares in Ongoing Buyback Programme" type: "News" locale: "en" url: "https://longbridge.com/en/news/285244553.md" description: "Sage Group plc has repurchased 602,097 shares as part of its ongoing buyback program, executed through J.P. Morgan Securities at an average price of 900 pence. The company plans to cancel these shares, reducing its share count and returning capital to shareholders, which may enhance earnings per share. This buyback is part of a broader initiative expected to continue until early June 2026, reflecting Sage's commitment to capital allocation. Analysts rate Sage stock as a Buy with a price target of £1100.00, despite some concerns over technical performance and valuation." datetime: "2026-05-05T17:27:31.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285244553.md) - [en](https://longbridge.com/en/news/285244553.md) - [zh-HK](https://longbridge.com/zh-HK/news/285244553.md) --- # Sage Cancels 602,097 Shares in Ongoing Buyback Programme ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Sage Group plc ( (GB:SGE) ) just unveiled an update. Sage Group plc has continued executing its previously announced share buyback programme, repurchasing 602,097 ordinary shares on 5 May 2026 through J.P. Morgan Securities at a volume-weighted average price of about 900 pence. The company plans to cancel all of these shares, modestly reducing its share count and returning capital to shareholders, a move that can support earnings per share and signal confidence in its financial position. This latest tranche of purchases forms part of a broader buyback expected to run until early June 2026, underscoring Sage’s ongoing commitment to capital allocation through share repurchases alongside its investment in core software operations. The buyback activity may enhance shareholder value over time and could strengthen Sage’s market positioning as it balances growth initiatives with disciplined returns to investors. The most recent analyst rating on (GB:SGE) stock is a Buy with a £1100.00 price target. To see the full list of analyst forecasts on Sage Group plc stock, see the GB:SGE Stock Forecast page. **Spark’s Take on SGE Stock** According to Spark, TipRanks’ AI Analyst, SGE is a Outperform. The score is driven primarily by strong financial performance and a constructive earnings outlook with margin expansion and durable recurring revenue growth. This is tempered by very weak technicals (downtrend and heavy negative momentum) and a valuation that remains relatively expensive on P/E despite a moderate dividend yield. To see Spark’s full report on SGE stock, click here. **More about Sage Group plc** The Sage Group plc is a U.K.-based provider of business management and accounting software, specialising in cloud-based solutions for small and medium-sized enterprises. Listed on the London Stock Exchange, Sage focuses on subscription software and related services that help businesses manage finance, payroll, and operations across multiple markets. **Average Trading Volume:** 4,471,158 **Technical Sentiment Signal:** Hold **Current Market Cap:** £8.15B For an in-depth examination of SGE stock, go to TipRanks’ Overview page. ### Related Stocks - [SGE.UK](https://longbridge.com/en/quote/SGE.UK.md) - [JPM.US](https://longbridge.com/en/quote/JPM.US.md) - [JPM-M.US](https://longbridge.com/en/quote/JPM-M.US.md) - [JPM-C.US](https://longbridge.com/en/quote/JPM-C.US.md) - [JPM-D.US](https://longbridge.com/en/quote/JPM-D.US.md) - [JPM-L.US](https://longbridge.com/en/quote/JPM-L.US.md) - [8634.JP](https://longbridge.com/en/quote/8634.JP.md) - [JPM-K.US](https://longbridge.com/en/quote/JPM-K.US.md) - [JPM-J.US](https://longbridge.com/en/quote/JPM-J.US.md) ## Related News & Research - [Sage cancels 1.55m shares in ongoing London buyback](https://longbridge.com/en/news/281559758.md) - [Sage expands AI agents across finance, HR and operations to automate workflows and help teams act faster with control](https://longbridge.com/en/news/284467992.md) - [Sage advances buyback with 506,000-share repurchase and cancellation](https://longbridge.com/en/news/286597906.md) - [Valeo buys back EUR 36.61 million stock at EUR 11.01 average price](https://longbridge.com/en/news/287104295.md) - [Tikehau Capital: Disclosure of Shares Repurchases From 8 May 2026 to 14 May 2026](https://longbridge.com/en/news/286788898.md)