Melrose Buys Back Shares to Hold in Treasury
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Melrose Buys Back Shares to Hold in Treasury

Melrose (GB:MRO) has released an update.

Melrose Industries PLC has announced the repurchase of 386,546 of its own ordinary shares at prices ranging from 548.40 to 563.00 pence per share, with a weighted average price of 555.8446 pence. The shares acquired on July 23, 2024, will be held in treasury. Following this transaction, Melrose’s treasury now holds 37,716,337 ordinary shares, with the total shares in issue (excluding treasury shares) standing at 1,313,758,984.

For further insights into GB:MRO stock, check out TipRanks’ Stock Analysis page.

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