Mercia Asset Management Plc (GB:MERC) has released an update.
Mercia Asset Management PLC has informed the market of its recent purchase of 135,000 Ordinary shares at a price of 33.50 pence per share, as part of its Share Buyback Programme, with these shares now held in treasury. This transaction reduces the number of shares in circulation, potentially affecting shareholder notifications regarding share capital interest changes. The company’s assets under management exceed £1.5 billion, with the firm committed to further share buybacks in the future.
For further insights into GB:MERC stock, check out TipRanks’ Stock Analysis page.
