Mears Group Plc (GB:MER) has released an update.
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Mears Group Plc has successfully completed a £20 million share buyback program, acquiring and cancelling over 5.3 million shares, which represents 5.6% of its issued share capital. This move, finalized at an average price of 372.8p per share, underscores Mears’ commitment to delivering value to its shareholders. As a leading provider in the UK housing sector, Mears continues to enhance its financial strategies while maintaining its focus on long-term housing solutions.
For further insights into GB:MER stock, check out TipRanks’ Stock Analysis page.
