Mears Group Plc ( (GB:MER) ) has issued an update.
Mears Group PLC has announced the purchase of 200,000 ordinary shares as part of its ongoing share buyback programme, which began on 30 January 2025. The shares will be cancelled, contributing to the total of 3,233,102 shares repurchased since the programme’s inception. This move is part of Mears’ strategy to enhance shareholder value and reflects confidence in the company’s financial health.
More about Mears Group Plc
Mears Group PLC operates within the housing and social care sectors, providing services such as repairs, maintenance, and care services to local authorities and registered social landlords across the UK.
YTD Price Performance: 3.59%
Average Trading Volume: 268,399
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £318.9M
For detailed information about MER stock, go to TipRanks’ Stock Analysis page.