Mears Group Plc ( (GB:MER) ) has provided an announcement.
Mears Group PLC has executed a share buyback, purchasing 91,469 ordinary shares as part of its ongoing buyback programme. The shares will be cancelled, contributing to a total of 4,241,702 shares purchased since the programme’s announcement, reflecting Mears’ strategy to enhance shareholder value and optimize capital structure.
More about Mears Group Plc
Mears Group PLC operates in the housing and care sectors, providing services such as repairs, maintenance, and management to social housing and care facilities. The company focuses on delivering essential services to local authorities and registered social landlords across the UK.
YTD Price Performance: 9.67%
Average Trading Volume: 310,973
Technical Sentiment Signal: Strong Sell
Current Market Cap: £333.7M
For an in-depth examination of MER stock, go to TipRanks’ Stock Analysis page.