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Marlowe plc Executes Share Buyback to Reduce Share Capital
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Marlowe plc Executes Share Buyback to Reduce Share Capital

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Invest with Confidence:

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

Marlowe plc announced the purchase of 68,694 of its own shares at a volume-weighted average price of 320.0 pence per share as part of its ongoing share buyback program. This move will reduce the number of ordinary shares in issue to 82,346,570, impacting shareholder calculations for interest notifications under the FCA’s rules.

More about Marlowe

Marlowe plc is a leader in business-critical services, ensuring compliance with regulations and insurance requirements in Fire Safety & Security and Water & Air Hygiene sectors. It operates nationally, serving approximately 27,000 customers, including SMEs, local authorities, facilities management providers, NHS trusts, and FTSE 100 companies.

YTD Price Performance: -1.23%

Average Trading Volume: 530,223

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £263.7M

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

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