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Mears Group Advances Share Buyback Program with Latest Repurchase

Story Highlights
  • Mears Group PLC has repurchased 139,526 shares at prices between 364.86 and 365.50 GBp.
  • Since January 2025, Mears has repurchased a total of 1,144,803 shares to enhance shareholder value.
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Mears Group Advances Share Buyback Program with Latest Repurchase

The latest announcement is out from Mears Group Plc ( (GB:MER) ).

Mears Group PLC has announced a transaction involving the buyback of its ordinary shares, as part of a previously announced share buyback program. The company has repurchased 139,526 shares at prices ranging between 364.86 GBp to 365.50 GBp, with these shares intended for cancellation. The aggregate total of shares repurchased since the program’s announcement on 30 January 2025 is now 1,144,803 shares. This move is aimed at enhancing shareholder value and reflects the company’s strategic focus on optimizing its capital structure.

More about Mears Group Plc

YTD Price Performance: 0.14%

Average Trading Volume: 155,717

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £314.5M

For an in-depth examination of MER stock, go to TipRanks’ Stock Analysis page.

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