Melrose (GB:MRO) has released an update.
Melrose Industries PLC has announced a significant share buyback, purchasing 193,750 of its own ordinary shares at prices ranging from 470.10 to 473.80 pence per share through Investec Bank plc. The company will hold these shares in treasury, which, after the transaction, contains 59,304,928 shares, with the total number of shares in issue (excluding treasury shares) standing at 1,292,170,393.
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