Mears Group Plc (GB:MER) has released an update.
Mears Group PLC has repurchased 60,000 of its own shares as part of an ongoing buyback program, aiming to cancel these shares to potentially enhance shareholder value. Since the program’s initiation in August 2024, the company has bought back nearly 5 million shares. This move highlights Mears’ strategy to manage its capital structure effectively.
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