Melrose (GB:MRO) has released an update.
Melrose Industries PLC has repurchased 108,000 of its ordinary shares, with prices ranging from 419.4 to 432.6 pence, to be held in treasury. This move is part of the company’s ongoing share buyback program, which aims to optimize its capital structure and enhance shareholder value. The transactions were executed through J.P. Morgan Securities on the London Stock Exchange and BATS Europe.
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