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Marlowe PLC Executes Share Buyback, Reducing Outstanding Shares
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Marlowe PLC Executes Share Buyback, Reducing Outstanding Shares

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

Marlowe plc announced the purchase of 100,000 of its own shares at a price of 319.0 pence each as part of its share buyback program. This move will reduce the total number of shares outstanding to 84,373,208, which stakeholders can use to calculate their interests 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 across Fire Safety & Security and Water & Air Hygiene. The company has a national presence and serves around 27,000 customers including SMEs, local authorities, facilities management providers, NHS trusts, and FTSE 100 companies.

YTD Price Performance: 86.28%

Average Trading Volume: 707,559

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £269.5M

Find detailed analytics on MRL stock on TipRanks’ Stock Analysis page.

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