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Mears Group Enhances Share Value with Continued Buyback

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Mears Group Enhances Share Value with Continued Buyback

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An announcement from Mears Group Plc ( (GB:MER) ) is now available.

Mears Group PLC has announced a purchase of 30,000 ordinary shares as part of its share buyback programme initiated on 30 January 2025. The shares, bought at a consistent price of 353.45 GBp, will be cancelled, marking a total purchase of 548,000 shares since the programme’s announcement, which may positively impact the company’s stock value and shareholder equity.

More about Mears Group Plc

Mears Group PLC operates in the housing and social care sectors, offering maintenance and management services to local authorities and registered social landlords across the UK.

YTD Price Performance: -2.21%

Average Trading Volume: 146,351

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £309.3M

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

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