Marlowe (GB:MRL) has released an update.
Marlowe plc has completed a share buyback, purchasing 900,035 shares at an average price of 467.81 pence each, as part of a previously announced programme. The shares acquired by the company through Cavendish Capital Markets will be cancelled, reducing the total number of shares in issue. This move is in line with Marlowe’s strategy to enhance shareholder value and may affect shareholder calculations regarding their interest in the company.
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