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Mercia Asset Management Cancels 100,000 Shares Under Ongoing Buyback

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Mercia Asset Management Cancels 100,000 Shares Under Ongoing Buyback

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Mercia Asset Management ( (GB:MERC) ) just unveiled an announcement.

Mercia Asset Management has repurchased 100,000 of its own ordinary shares on AIM at 29.20 pence per share as part of the share buyback programme launched in July 2025. The company plans to cancel the repurchased shares, leaving 427,596,044 ordinary shares in issue (excluding 11,791,086 held in treasury), a move that marginally reduces the free float and may enhance earnings per share while providing shareholders with an updated denominator for regulatory disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:MERC) stock is a Hold with a £33.00 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, operating on London’s AIM market and providing investment management services across the UK regions.

Average Trading Volume: 356,432

Technical Sentiment Signal: Sell

Current Market Cap: £126.2M

See more data about MERC stock on TipRanks’ Stock Analysis page.

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