Completion of Buyback programme
Completed share buyback programme purchasing 4.9m shares for £20.0m, representing 5.7% of issued capital.
- Shares purchased and cancelled 4,928,004
- Total consideration £20.0m
- Average price per share 405.8p
- Percentage of issued share capital c.5.7%
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Mears (LSE: MER), the leading provider of housing services to the public and regulated sectors in the UK, is pleased to announce that it has completed its share buyback programme, details of which were announced on 1 April 2026. Over the duration of the programme, the Group purchased and cancelled 4,928,004 Ordinary Shares of 1p each, at a total consideration of £20.0m and an average price of 405.8p, representing c.5.7% of the Group's issued share capital at the start of the buyback.
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