Mears Group Plc ( (GB:MER) ) has issued an update.
Mears Group PLC has announced the purchase and cancellation of 40,000 ordinary shares as part of its ongoing share buyback programme, initially announced on January 30, 2025. This move is part of a larger strategy that has seen the company buy back a total of 2,853,102 shares, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.
More about Mears Group Plc
Mears Group PLC operates in the housing and social care sectors, providing maintenance and management services primarily to the public sector in the UK. The company focuses on delivering essential services to local authorities and registered social landlords, ensuring the upkeep and management of residential properties and care facilities.
YTD Price Performance: 4.42%
Average Trading Volume: 241,163
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £322.8M
For detailed information about MER stock, go to TipRanks’ Stock Analysis page.