Melrose (GB:MRO) has released an update.
Melrose Industries PLC has announced the purchase of 402,000 of its own ordinary shares at prices ranging from 560.40 to 572.80 pence per share, with the intention of holding these shares in treasury. Following the transaction, the company’s total number of treasury shares reached 38,876,468, while the number of ordinary shares in issue (excluding treasury shares) stands at 1,312,598,853. The shares were acquired through Investec Bank plc as part of the company’s buyback program.
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