tiprankstipranks
Company Announcements

Mears Group Strengthens Financial Position with Share Buyback

Story Highlights
  • Mears Group PLC operates in housing and social care sectors, offering services to UK local authorities.
  • Mears Group bought 122,277 shares in a buyback program to enhance financial position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mears Group Strengthens Financial Position with Share Buyback

Discover the Best Stocks and Maximize Your Portfolio:

Mears Group Plc ( (GB:MER) ) has shared an announcement.

Mears Group PLC has executed a share buyback program, purchasing 122,277 ordinary shares at prices ranging from 361.00 GBp to 364.50 GBp. This move is part of a larger initiative announced in January 2025, totaling over one million shares bought for cancellation, aiming to consolidate the company’s financial position and potentially enhance shareholder value.

More about Mears Group Plc

Mears Group PLC operates in the housing and social care sectors, providing a range of services including repairs, maintenance, and management to local authorities and registered social landlords across the UK.

YTD Price Performance: 0.41%

Average Trading Volume: 151,152

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £315.8M

Learn more about MER stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1