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Mears Group Advances Share Buyback Efforts with Latest Acquisition

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Mears Group Advances Share Buyback Efforts with Latest Acquisition

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Mears Group Plc ( (GB:MER) ) has issued an update.

Mears Group PLC has announced a share buyback program, purchasing 100,000 ordinary shares at a constant price of 355.50 GBp per share on 31 January 2025. This forms part of a larger buyback initiative announced earlier, with Mears having acquired a total of 188,000 shares for cancellation, potentially enhancing shareholder value by reducing the number of shares in circulation.

More about Mears Group Plc

YTD Price Performance: -2.21%

Average Trading Volume: 145,548

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £310.4M

See more data about MER stock on TipRanks’ Stock Analysis page.

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