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Mears Group PLC Continues Share Buyback Program

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Mears Group PLC Continues Share Buyback Program

The latest update is out from Mears Group Plc ( (GB:MER) ).

Mears Group PLC has announced the purchase of 90,000 ordinary shares as part of its ongoing share buyback program, which began on January 30, 2025. The shares were bought at prices ranging from 372.5 to 375 GBp and will be cancelled, contributing to a total of 3,033,102 shares purchased for cancellation since the program’s inception. This move is part of Mears’ strategy to enhance shareholder value and optimize its capital structure.

More about Mears Group Plc

YTD Price Performance: 3.31%

Average Trading Volume: 261,008

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £318.9M

For detailed information about MER stock, go to TipRanks’ Stock Analysis page.

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