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The latest announcement is out from Mears Group Plc ( (GB:MER) ).
Mears Group PLC announced the purchase and cancellation of 100,000 ordinary shares as part of its ongoing share buyback programme, which began on January 30, 2025. This move is part of a larger effort by the company to enhance shareholder value, having already purchased a total of 3,910,233 shares for cancellation. The buyback is expected to positively impact the company’s stock value and demonstrates Mears’ commitment to returning capital to shareholders.
More about Mears Group Plc
Mears Group PLC operates in the housing and social care sectors, providing services such as maintenance, repairs, and management for social housing and care facilities. The company focuses on delivering essential services to local authorities and registered social landlords across the UK.
YTD Price Performance: 5.80%
Average Trading Volume: 304,288
Technical Sentiment Signal: Strong Sell
Current Market Cap: £323.2M
For a thorough assessment of MER stock, go to TipRanks’ Stock Analysis page.