Serco Group PLC
LSE:SRP
SRP's latest stock split occurred on Mar 31, 2015
The company executed a 163-for-132 stock split, meaning that for every 132 shares held, investors received 163 new shares.
Before the split, SRP traded at 163 per share. Afterward, the share price was about 130.8394.
The adjusted shares began trading on Mar 31, 2015. This was SRP's 3rd stock split, following the previous one in Apr 10, 2000.
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Serco Group PLC
Glance View
Serco Group PLC, a British multinational outsourcing company, has carved out a niche for itself by intertwining some of the most complex threads of public service delivery into a coherent and efficient tapestry. Founded in 1929 as a division of RCA, Serco has evolved into a leading contractor managing a vast array of services for governments and private entities around the globe. Its presence spans sectors such as defense, transport, health, justice, and immigration. By leveraging its extensive expertise, Serco manages everything from rail systems in the UK to air traffic control in the Middle East, demonstrating an adeptness in navigating regulatory environments and understanding the intricate demands of public services. The financial heartbeat of Serco lies in its business model, focused on long-term contracts that provide stable revenue streams and growth opportunities. These contracts often arise from outsourcing agreements wherein Serco operates services more efficiently than governments or private sectors would do on their own. Serco excels by maintaining robust cost controls, innovative service solutions, and the ability to scale operations effectively. Through a careful balance of winning new contracts and renewing existing ones, Serco ensures a consistent flow of revenue, making it a critical partner in the delivery of essential public services and a significant player in the outsourcing industry.
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