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Marlowe ( (GB:MRL) ) has issued an announcement.
Marlowe plc has repurchased 152,500 of its own ordinary shares at an average price of 319.87 pence per share as part of its share buyback program initiated in May 2024. This transaction, which will lead to the cancellation of these shares, reduces the total number of shares in issue to 81,909,240, potentially impacting shareholder calculations under the FCA’s rules.
More about Marlowe
Marlowe 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: -1.23%
Average Trading Volume: 497,514
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £262.4M
Learn more about MRL stock on TipRanks’ Stock Analysis page.
