Sage Group climbs as traders look at buyback math and AI pricing
Sage Group plc inched up roughly 1% on Monday. Gains were modest, showing investors are still split on the UK accounting software firm. Sage is generating cash, but shares have yet to reclaim the AI premium they gave up earlier in the year. Sage was quoted at 825.50p in MarketScreener’s real-time Cboe Europe estimate at 0902 EDT, up 0.97%. Hargreaves Lansdown’s delayed figures showed 824.40p-824.80p, versus a last close of 817.60p and a market cap near 7.43 billion pounds. The FTSE 100 was down 0.2% by 0949 GMT, according to Reuters. UK shares moved lower.