Marlowe (GB:MRL) has released an update.
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Marlowe PLC has repurchased 500,000 of its own shares at a price of 319 pence each as part of its ongoing share buyback program. This move is set to reduce the total number of shares in circulation to 84,558,208, potentially impacting shareholder interest calculations according to FCA’s regulations. As a leader in business-critical services, Marlowe continues to strengthen its financial strategy by optimizing its share capital.
For further insights into GB:MRL stock, check out TipRanks’ Stock Analysis page.
