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Mears Group Advances Share Buyback Programme

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Mears Group Advances Share Buyback Programme

Mears Group Plc ( (GB:MER) ) just unveiled an update.

Mears Group PLC, a company engaged in providing essential services to the housing and social care sectors, announced the purchase of 60,000 ordinary shares as part of its ongoing share buyback programme. This move is part of a larger strategy, initiated on January 30, 2025, to buy back and cancel a total of 4,150,233 shares, which could potentially enhance shareholder value by reducing the number of shares outstanding.

More about Mears Group Plc

YTD Price Performance: 8.15%

Average Trading Volume: 312,421

Technical Sentiment Signal: Strong Sell

Current Market Cap: £329.3M

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

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