Mears Group PLC Advances Share Buyback Program

An announcement from Mears Group Plc ( (GB:MER) ) is now available.

Mears Group PLC has executed a share buyback program, purchasing 100,000 ordinary shares on March 19, 2025, at prices ranging from 377.00 GBp to 381.00 GBp. This action is part of a larger buyback initiative announced earlier in the year, which has seen the company buy back a total of 3,710,233 shares for cancellation. This move is likely aimed at enhancing shareholder value and optimizing the capital structure, reflecting Mears’ commitment to returning value to its investors.

More about Mears Group Plc

Mears Group PLC operates in the housing and social care sectors, providing services such as repairs, maintenance, and management to both public and private clients. The company focuses on delivering high-quality housing solutions and care services across the UK, aiming to improve the living conditions and well-being of its clients.

YTD Price Performance: 5.11%

Average Trading Volume: 282,388

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £320.1M

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