tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Mercia Asset Management Buys Back and Cancels Further Shares on AIM

Story Highlights
Mercia Asset Management Buys Back and Cancels Further Shares on AIM

Claim 50% Off TipRanks Premium

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

Mercia Asset Management has repurchased 35,000 ordinary shares at 26.00 pence each on AIM as part of its ongoing share buyback programme initiated in July 2025, with the company intending to cancel these shares. Following this transaction and a transfer from treasury, Mercia will have 426,786,044 ordinary shares in issue (excluding 11,791,086 held in treasury), a figure investors will use for regulatory reporting of shareholdings, while the buyback and cancellation are set to modestly reduce share capital and may support earnings per share and shareholder value.

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 with approximately £2.0 billion of assets under management, investing in and managing private capital across the UK market. The company is listed on AIM and operates as a specialist asset manager with a focus on regional businesses and growth opportunities.

Average Trading Volume: 406,293

Technical Sentiment Signal: Sell

Current Market Cap: £116.2M

For a thorough assessment of MERC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1