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The latest update is out from ME Group International ( (GB:MEGP) ).
ME Group International has launched a share buyback programme of up to £18 million, appointing Peel Hunt to execute purchases of its ordinary shares on the open market under irrevocable, non-discretionary instructions. The programme, authorised by shareholders in February 2026, will run from 23 March 2026 until at least 31 December 2026, with repurchased shares either cancelled or held in treasury to service share option obligations.
The buyback will be carried out within UK market abuse and listing rule frameworks, though on some days purchases may exceed 25% but remain below 50% of average daily trading volume, meaning the company may forego certain safe-harbour exemptions. ME Group has stated it is not in a closed period and holds no undisclosed inside information, positioning the programme as a capital allocation move that could support earnings per share and signal confidence in the business following the release of its FY25 results.
The most recent analyst rating on (GB:MEGP) stock is a Hold with a £190.00 price target. To see the full list of analyst forecasts on ME Group International stock, see the GB:MEGP Stock Forecast page.
Spark’s Take on MEGP Stock
According to Spark, TipRanks’ AI Analyst, MEGP is a Neutral.
ME Group International’s strong financial performance and attractive valuation are offset by bearish technical indicators. The company’s robust revenue and profit growth, along with a stable balance sheet, contribute positively to its score. However, the current downtrend in stock price and oversold technical conditions present a risk. The low P/E ratio and high dividend yield enhance its valuation appeal, but investors should be cautious of the current market momentum.
To see Spark’s full report on MEGP stock, click here.
More about ME Group International
ME Group International is a London-listed market leader in automated self-service equipment for consumers, operating, selling and servicing instant-service vending machines across 16 countries in Continental Europe, the UK and Republic of Ireland, and Asia Pacific. Its core activities include Photo.ME photobooths with biometric identification solutions and Wash.ME unattended laundry services, complemented by Print.ME digital printing kiosks and other foodservice, children’s rides and photocopier vending under various sub-brands.
Average Trading Volume: 1,459,718
Technical Sentiment Signal: Hold
Current Market Cap: £516M
For detailed information about MEGP stock, go to TipRanks’ Stock Analysis page.