Marlowe (GB:MRL) has released an update.
Marlowe PLC, a leader in business-critical services, has recently executed a share buyback, purchasing 1,030,000 of its ordinary shares at an average price of 454.89 pence each. The transaction was facilitated through Cavendish Capital Markets Limited and post-cancellation, Marlowe’s total shares in issue will be 90,337,571. This strategic move by Marlowe reflects ongoing efforts to manage its capital effectively and signals confidence in the company’s value to its shareholders.
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