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Morgan Advanced Materials Continues Share Buyback, Cancels Newly Repurchased Stock

Story Highlights
  • Morgan Advanced Materials bought 22,159 shares on 23 December 2025 in London.
  • The repurchased shares will be cancelled under its ongoing 2024 buyback programme, reducing share count.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Morgan Advanced Materials Continues Share Buyback, Cancels Newly Repurchased Stock

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

Morgan Advanced Materials PLC has continued its share buyback activity, purchasing 22,159 ordinary shares on 23 December 2025 on the London Stock Exchange at prices between 212.50p and 216.50p, with a volume-weighted average price of 214.7295p. The company intends to cancel the repurchased shares as part of its ongoing buyback programme launched in November 2024, a move that will reduce the overall share count and may enhance earnings per share and capital returns for existing 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 PLC is a UK-listed specialist materials company focused on advanced ceramics, carbon, and composite materials for industrial and technology applications across sectors such as energy, transportation, healthcare, and electronics.

Average Trading Volume: 680,805

Technical Sentiment Signal: Sell

Current Market Cap: £589.4M

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

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