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Mears Group Plc ( (GB:MER) ) has shared an announcement.
Mears Group PLC has announced the purchase and cancellation of 100,000 ordinary shares as part of its ongoing share buyback programme, initially announced in January 2025. This move, which has seen a total of 3,610,233 shares purchased for cancellation, is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.
More about Mears Group Plc
Mears Group PLC operates in the housing and care sectors, providing maintenance and management services primarily to the public sector and registered social landlords in the UK. The company focuses on delivering essential services and solutions for housing and social care needs.
YTD Price Performance: 4.42%
Average Trading Volume: 278,750
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £320.1M
For an in-depth examination of MER stock, go to TipRanks’ Stock Analysis page.