Mercia Asset Management Plc (GB:MERC) has released an update.
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Mercia Asset Management PLC, a specialist asset manager with around £1.5 billion under management, has bought back 230,000 of its Ordinary shares at a price of 34.10 pence each, as part of an ongoing Share Buyback Programme. These shares will be held in treasury, reducing the number of shares in issue on the AIM market to 433,282,109. The company will continue to update shareholders on further purchases within this programme.
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