Mears Group Plc (GB:MER) has released an update.
Mears Group PLC has continued its share buyback program, purchasing an additional 75,000 shares at a price of 375 GBp per share, to be cancelled. This recent transaction is part of a larger initiative that commenced on 22 August 2024, resulting in the aggregate buyback of 3,490,298 shares thus far. The buyback initiative is part of the company’s effort to reduce share capital and is being managed by Panmure Liberum Limited.
For further insights into GB:MER stock, check out TipRanks’ Stock Analysis page.