Mercia Asset Management (GB:MERC) has released an update.
Mercia Asset Management PLC, a specialist asset manager with £1.5 billion in assets, has recently repurchased 115,000 of its own Ordinary shares at 33.30 pence each as part of its Share Buyback Programme, and will be holding these shares in treasury. This buyback affects the number of shares in issue and is part of a strategy that may influence shareholders’ notifications regarding their share capital interest under the FCA’s rules.
For further insights into GB:MERC stock, check out TipRanks’ Stock Analysis page.
