Mears Group Plc ( (GB:MER) ) has issued an update.
Mears Group PLC, a company engaged in the housing and social care sectors, has announced a transaction involving the repurchase of its own shares as part of a share buyback programme. On 13 March 2025, the company purchased 165,000 ordinary shares, with the highest price paid per share being 380.5 GBp and the lowest at 374.5 GBp. The repurchased shares will be cancelled, contributing to a total of 3,398,102 shares bought back since the programme’s announcement. This move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.
More about Mears Group Plc
YTD Price Performance: 6.08%
Average Trading Volume: 274,702
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £326.3M
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