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Marlowe ( (GB:MRL) ) has issued an update.
Marlowe plc announced its acquisition of 200,000 ordinary shares as part of its ongoing share buyback program, with the purchased shares to be canceled. This move reflects the company’s strategy to enhance shareholder value and may influence stakeholders’ perceptions of its financial management and market position.
More about Marlowe
Marlowe plc is a leading provider of business-critical services, ensuring compliance with stringent regulations and insurance requirements in the Fire Safety & Security and Water & Air Hygiene sectors. 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
See more data about MRL stock on TipRanks’ Stock Analysis page.