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Mears Group Advances Share Buyback Program

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Mears Group Advances Share Buyback Program

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

Mears Group PLC, operating under the ticker ‘Mears’ or the ‘Group’, has announced significant progress in its share buyback initiative, initially declared on January 30, 2025. The group recently acquired 151,482 ordinary shares, with the highest price paid at 366.00 GBp and the lowest at 365.00 GBp, for cancellation. Since the start of the program, a total of 1,452,003 shares have been purchased for cancellation, reflecting Mears’ commitment to enhancing shareholder value and optimizing its capital structure.

More about Mears Group Plc

YTD Price Performance: 1.66%

Average Trading Volume: 167,381

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £317.7M

See more insights into MER stock on TipRanks’ Stock Analysis page.

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