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IN BRIEF: Mears Group completes buyback of 4.9 million shares

22nd Dec 2023 18:34

Mears Group PLC - Gloucester, England-based housing and social care provider - Completes second share buyback programme, over the course of which it purchased and cancelled 4.9 million shares at an average price of 270.9 pence, representing around 4.7% of the group's issued share capital. When combined with the first buyback programme, Mears has purchased and cancelled 12.2 million shares at an average price of 272.7p, representing 11% of the its share capital at the start of the year, a return of surplus capital of GBP33.2 million.

Current stock price: 304.50 pence

12-month change: up 49%

By Holly Beveridge, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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