Morgan Advanced Materials Cancels Newly Repurchased Shares Under Ongoing Buyback

Morgan Advanced Materials ( (GB:MGAM) ) just unveiled an update.

Morgan Advanced Materials has repurchased 22,475 of its ordinary shares on 29 December 2025 via Investec Bank at a volume-weighted average price of 217.6542 pence per share, with trades executed on the London Stock Exchange within a price range of 216.50 to 219.00 pence. The company plans to cancel the repurchased shares as part of its ongoing share buyback programme launched in November 2024, a move that will reduce the number of shares in issue and may enhance earnings per share and capital return for remaining shareholders.

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 is a UK-listed manufacturer specialising in advanced materials and engineered solutions, including ceramics, carbon, and composites, typically serving industrial, energy, transportation, and technology markets worldwide.

Average Trading Volume: 686,545

Technical Sentiment Signal: Sell

Current Market Cap: £598.9M

Find detailed analytics on MGAM stock on TipRanks’ Stock Analysis page.