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Marlowe ( (GB:MRL) ) has provided an update.
Marlowe plc has announced a proposal for additional authority to purchase its own ordinary shares, aiming to provide increased flexibility in capital allocation beyond its initial £75 million share buyback program. The company has called a general meeting on 20 February 2025 to seek shareholder approval for this special resolution, which reflects Marlowe’s strategic efforts to enhance its financial management and market positioning.
More about Marlowe
Marlowe plc is a prominent provider of business-critical services focused on ensuring compliance with stringent regulations and insurance requirements in the areas of Fire Safety & Security and Water & Air Hygiene. The company operates on a national scale, serving around 27,000 customers, including SMEs, local authorities, facilities management providers, NHS trusts, and FTSE 100 companies across various sectors.
YTD Price Performance: 0.0%
Average Trading Volume: 495,305
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £265.8M
Learn more about MRL stock on TipRanks’ Stock Analysis page.
