Melrose (GB:MRO) has released an update.
Melrose Industries PLC has repurchased 100,000 of its own ordinary shares, with prices ranging between 446.1 and 455.1 pence. The shares, acquired through J.P. Morgan Securities, will be held in treasury, increasing the total to 62,799,524 shares held. This buyback is part of the company’s ongoing strategy to manage its capital structure and enhance shareholder value.
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