Melrose (GB:MRO) has released an update.
Melrose Industries PLC has successfully repurchased 380,579 of its ordinary shares on July 25, 2024, with prices ranging from 544.20 to 557.80 pence per share. These shares are now held in treasury, contributing to the Company’s substantial treasury stock of 38,474,468 shares. The buyback was conducted through Investec Bank plc, as part of Melrose’s ongoing efforts to manage its share capital effectively.
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