Mercia Asset Management PLC Announces Share Buyback Results
Mercia Asset Management PLC announced that it repurchased 366,000 of its own ordinary shares on the London Stock Exchange between November 5 and November 11, 2026. These transactions were conducted under the company's share buyback program, which was originally announced on April 1, 2026. The shares were acquired at prices ranging from 29.50p to 30.50p, with a volume-weighted average price of 29.96p, resulting in an aggregate expenditure of approximately £109,654. The company intends to cancel the repurchased shares. Additionally, Mercia transferred 34,352 and 204,577 ordinary shares from treasury to satisfy the exercise of employee share options on November 4 and November 6, 2026, respectively.