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Marlowe ( (GB:MRL) ) just unveiled an update.
Marlowe plc announced the purchase of 25,000 ordinary shares as part of its share buyback programme, with plans to cancel these shares, affecting the total shares in issue. This action is part of the company’s strategy to manage its capital structure and may influence stakeholder calculations under regulatory rules.
More about Marlowe
Marlowe plc is a leader in business-critical services, focusing on compliance with regulations and insurance in Fire Safety & Security and Water & Air Hygiene sectors. It has a national presence serving around 27,000 customers, including SMEs, local authorities, facilities management providers, NHS trusts, and FTSE 100 companies.
Average Trading Volume: 493,848
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £263.3M
For detailed information about MRL stock, go to TipRanks’ Stock Analysis page.
