Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Marlowe ( (GB:MRL) ) has shared an update.
Marlowe plc has executed a share buyback, acquiring 450,000 ordinary shares at a volume-weighted average price of 324.63 pence per share. This action aligns with the company’s previously announced buyback program and will result in the cancellation of these shares, leaving Marlowe with a total of 81,334,240 shares in issue. This move is part of Marlowe’s strategy to manage its share capital and potentially enhance shareholder value.
More about Marlowe
Marlowe plc is a leader in business-critical services, specializing in ensuring compliance with regulations and insurance requirements in Fire Safety & Security and Water & Air Hygiene. The company boasts a national presence, catering to around 27,000 clients, including SMEs, local authorities, facilities management providers, NHS trusts, and FTSE 100 companies.
YTD Price Performance: 0.31%
Average Trading Volume: 498,102
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £266M
Learn more about MRL stock on TipRanks’ Stock Analysis page.
