Marlowe ( (GB:MRL) ) has shared an announcement.
Marlowe plc announced the purchase of 15,000 ordinary shares at a price of 325.00 pence each as part of its share buyback program. This transaction, executed through Cavendish Capital Markets Limited, will lead to the cancellation of these shares, leaving the company with 81,004,240 shares in issue. This move is part of Marlowe’s ongoing strategy to manage its share capital effectively and could impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
More about Marlowe
Marlowe plc is a leader in business-critical services, ensuring compliance with regulations and insurance requirements in Fire Safety & Security and Water & Air Hygiene. The company has a national presence, serving around 27,000 customers, including SMEs, local authorities, facilities management providers, NHS trusts, and FTSE 100 companies.
YTD Price Performance: 0.62%
Average Trading Volume: 379,058
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £263.3M
For an in-depth examination of MRL stock, go to TipRanks’ Stock Analysis page.