The Sage Group plc (LSE:SGE) is looking for acquisitions. Stephen Hare said, "So I'll just start on the capital allocation. I mean nothing's changed.

We continue to look at acquisitions. And as appropriate as we see the right acquisitions, we'll continue to invest in that. But this year has been a lighter year in terms of deploying cash into acquisitions.

So I think entirely appropriate and in line with our capital allocation policy, we're doing a share buyback, and I think also shows our confidence in terms of the future prospects of the business".