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Mercia Asset Management Buys Back and Cancels 50,000 Shares Under Ongoing Programme

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Mercia Asset Management Buys Back and Cancels 50,000 Shares Under Ongoing Programme

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Mercia Asset Management ( (GB:MERC) ) has provided an update.

Mercia Asset Management has repurchased 50,000 of its own ordinary shares on AIM at 27.50 pence per share as part of its ongoing share buyback programme launched in July 2025. The company intends to cancel the newly repurchased shares, leaving 426,630,672 ordinary shares in issue (excluding treasury shares) and 11,746,458 shares held in treasury, a move that marginally reduces the free float and may provide incremental support to the share price while adjusting the company’s capital structure for existing shareholders.

The most recent analyst rating on (GB:MERC) stock is a Hold with a £28.00 price target. To see the full list of analyst forecasts on Mercia Asset Management stock, see the GB:MERC Stock Forecast page.

Spark’s Take on GB:MERC Stock

According to Spark, TipRanks’ AI Analyst, GB:MERC is a Neutral.

Mercia Asset Management’s overall stock score is driven by its strong financial stability and positive corporate events, such as share buybacks and strategic board appointments. However, the high P/E ratio and mixed technical indicators suggest caution. The absence of earnings call data limits insights into future guidance.

To see Spark’s full report on GB:MERC stock, click here.

More about Mercia Asset Management

Mercia Asset Management PLC is a regionally focused private capital asset manager listed on AIM, with approximately £2.0 billion of assets under management. The Group provides investment and fund management services, deploying capital into private businesses across the UK regions and managing funds on behalf of a range of institutional and other investors.

Average Trading Volume: 523,604

Technical Sentiment Signal: Sell

Current Market Cap: £111.8M

For an in-depth examination of MERC stock, go to TipRanks’ Overview page.

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