Melrose ( (GB:MRO) ) has shared an announcement.
Melrose Industries PLC has announced the purchase of 151,000 of its ordinary shares through J.P. Morgan Securities plc, with the intention to hold these shares in treasury. This transaction is part of a buyback program, reflecting the company’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Melrose
YTD Price Performance: -13.79%
Average Trading Volume: 3,915,591
Technical Sentiment Signal: Hold
Current Market Cap: £6.17B
See more data about MRO stock on TipRanks’ Stock Analysis page.