Marlowe (GB:MRL) has released an update.
Marlowe plc, a leading provider of business-critical services, has recently completed the purchase of 1,747,000 of its own shares at an average price of 456.98 pence per share as part of its share buyback program. These shares will be subsequently cancelled, resulting in a reduced total number of ordinary shares to 91,685,571, impacting shareholder calculations related to ownership interests. The move by Marlowe underscores its ongoing capital management strategy.
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