Melrose (GB:MRO) has released an update.
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Melrose Industries PLC has announced the buyback of 33,800 of its own shares, with the transaction managed by J.P. Morgan Securities. The shares were purchased at prices ranging from 585.6p to 595.4p and will be held in treasury, totaling 64.4 million shares now held by the company. This move may interest investors watching Melrose’s stock performance and overall market strategy.
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