Marlowe (GB:MRL) has released an update.
Marlowe PLC has successfully executed a share buyback, purchasing 77,804 of its own shares at a volume-weighted average price of 343.0 pence each, with the intention to cancel these shares. This move will leave Marlowe with 87,333,719 ordinary shares in issue, a figure important for shareholders in monitoring their stake in the company. The buyback, part of a program announced in May 2024, underscores Marlowe’s ongoing strategy to manage its capital effectively.
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