Morgan Advanced Materials Cancels Further Shares Under Ongoing Buyback Programme

Morgan Advanced Materials ( (GB:MGAM) ) has shared an update.

Morgan Advanced Materials has continued to execute its share buyback programme, repurchasing 7,961 ordinary shares on 31 December 2025 via Investec Bank at prices between 218.00p and 220.50p, with a volume-weighted average price of 218.6710p. The company intends to cancel these shares, marginally reducing its share capital and signalling an ongoing commitment to capital management and shareholder returns through the buyback initiative launched in November 2024.

The most recent analyst rating on (GB:MGAM) stock is a Hold with a £228.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.

Spark’s Take on GB:MGAM Stock

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

Morgan Advanced Materials has a solid financial foundation with strong operational efficiency, but faces challenges in revenue and net income growth. The technical indicators show positive momentum, though caution is advised due to potential overbought conditions. The valuation is mixed, with a high P/E ratio but an attractive dividend yield. Corporate events, including share buybacks and strategic growth plans, positively impact the stock’s outlook.

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

More about Morgan Advanced Materials

Morgan Advanced Materials PLC is a UK-listed specialist materials company focused on advanced ceramics, carbon, and composite materials used across a range of industrial and technological applications. Its products typically serve sectors requiring high-performance materials solutions, including energy, transportation, healthcare, and manufacturing.

Average Trading Volume: 680,987

Technical Sentiment Signal: Sell

Current Market Cap: £602.9M

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