Marlowe (GB:MRL) has released an update.
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Marlowe plc, a leader in business-critical services, has repurchased 175,000 of its own shares as part of its ongoing share buyback program. The shares, bought at a weighted average price of 343.609 pence, will be cancelled, leaving the company with 85,189,727 ordinary shares in circulation. This strategic move is poised to impact shareholder calculations under FCA’s disclosure rules.
For further insights into GB:MRL stock, check out TipRanks’ Stock Analysis page.