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Marlowe plc Executes Share Buyback, Reducing Share Count
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Marlowe plc Executes Share Buyback, Reducing Share Count

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Invest with Confidence:

Marlowe ( (GB:MRL) ) has issued an update.

Marlowe plc has announced the purchase of 46,368 ordinary shares as part of its share buyback program at an average price of 320.0 pence per share. This transaction reduces the total number of shares in circulation to 82,806,062, which is significant for shareholders calculating their interest under regulatory guidelines.

More about Marlowe

Marlowe plc is a leading provider of business-critical services, focusing on ensuring compliance with rigorous regulations and insurance standards across Fire Safety & Security and Water & Air Hygiene sectors. The company has a national presence serving around 27,000 clients, including SMEs, local authorities, facilities management companies, multi-site NHS trusts, and FTSE 100 companies across various facilities and industries.

YTD Price Performance: -1.23%

Average Trading Volume: 576,566

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £263.7M

For detailed information about MRL stock, go to TipRanks’ Stock Analysis page.

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