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Mears Group PLC Advances Share Buyback Programme with New Acquisition

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Mears Group PLC Advances Share Buyback Programme with New Acquisition

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

Mears Group PLC announced the purchase of 100,000 of its own ordinary shares at a price of 365.50 GBp each as part of its share buyback programme. The transaction reflects the company’s continued efforts to manage its capital structure and return value to shareholders by cancelling the purchased shares, totaling 1,300,521 shares acquired since the programme’s inception in January 2025.

More about Mears Group Plc

Mears Group PLC operates in the housing and social care sectors, providing maintenance, repair, and management services. The company primarily focuses on delivering essential services to the public sector and housing associations in the UK.

YTD Price Performance: 1.10%

Average Trading Volume: 157,035

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £317.1M

Learn more about MER stock on TipRanks’ Stock Analysis page.

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