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Marlowe plc Executes Share Buyback, Adjusting Share Count
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Marlowe plc Executes Share Buyback, Adjusting Share Count

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An announcement from Marlowe ( (GB:MRL) ) is now available.

Marlowe plc announced the purchase of 234,166 ordinary shares as part of its share buyback program, with the intention of cancelling these shares. This transaction, executed at a volume-weighted average price of 318.611 pence per share, will adjust the company’s total share count to 83,645,835, impacting the calculations for shareholders’ interests under the FCA’s regulations.

More about Marlowe

Marlowe plc is a prominent provider of business-critical services, specializing in compliance with stringent regulations and insurance requirements in the sectors of Fire Safety & Security and Water & Air Hygiene. It operates on a national scale, serving around 27,000 customers, including SMEs, local authorities, facilities management providers, NHS trusts, and FTSE 100 companies across diverse environments such as office complexes and manufacturing plants.

YTD Price Performance: 86.86%

Average Trading Volume: 720,172

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £269.4M

For detailed information about MRL stock, go to TipRanks’ Stock Analysis page.

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