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Marlowe plc Executes Share Buyback Program

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Marlowe plc Executes Share Buyback Program

Marlowe ( (GB:MRL) ) just unveiled an update.

Marlowe plc has executed a share buyback program, purchasing 35,000 ordinary shares at a volume-weighted average price of 324.00 pence per share. This move will reduce the total number of shares in circulation to 80,844,240, impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

More about Marlowe

Marlowe plc is a leader in business-critical services, focusing on compliance with regulations and insurance requirements in Fire Safety & Security and Water & Air Hygiene. The company serves approximately 27,000 customers, including SMEs, local authorities, facilities management providers, NHS trusts, and FTSE 100 companies, across various sectors such as office complexes, high streets, leisure facilities, manufacturing plants, and industrial estates.

YTD Price Performance: -0.31%

Average Trading Volume: 345,885

Technical Sentiment Signal: Sell

Current Market Cap: £261.2M

For a thorough assessment of MRL stock, go to TipRanks’ Stock Analysis page.

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