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Morgan Advanced Materials Continues Share Buyback, Cancels 22,908 Shares

Story Highlights
  • Morgan Advanced Materials repurchased 22,908 ordinary shares on 22 December 2025.
  • The bought-back shares will be cancelled, slightly reducing share count and supporting capital management.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Morgan Advanced Materials Continues Share Buyback, Cancels 22,908 Shares

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Morgan Advanced Materials ( (GB:MGAM) ) has issued an announcement.

Morgan Advanced Materials has repurchased 22,908 of its own 25 pence ordinary shares on 22 December 2025 via Investec Bank at prices between 211.50p and 214.50p, with a volume-weighted average price of 212.96p, as part of its ongoing share buyback programme launched in November 2024. The company intends to cancel these shares, a move that will marginally reduce its share count and can be interpreted as continued capital management aimed at enhancing shareholder value and signalling confidence in its financial position.

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 manufacturer specialising in advanced materials and engineered components, supplying high-performance solutions to industrial and technology customers worldwide.

Average Trading Volume: 680,805

Technical Sentiment Signal: Sell

Current Market Cap: £589.4M

Learn more about MGAM stock on TipRanks’ Stock Analysis page.

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