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The latest announcement is out from Marlowe ( (GB:MRL) ).
Marlowe plc has announced a share buyback program, purchasing 243,207 ordinary shares at an average price of 319.257 pence per share. The shares will be cancelled, reducing the total number of shares in issue to 83,880,001, which can affect shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
More about Marlowe
Marlowe plc is a leading provider of business-critical services that ensure compliance with strict regulations and insurance requirements in the Fire Safety & Security and Water & Air Hygiene sectors. With a national presence, Marlowe serves around 27,000 customers, including SMEs, local authorities, NHS trusts, and FTSE 100 companies, across various sectors such as office complexes, leisure facilities, and industrial estates.
YTD Price Performance: 86.28%
Average Trading Volume: 710,168
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £268.5M
For a thorough assessment of MRL stock, go to TipRanks’ Stock Analysis page.
