Melrose Industries Enhances Shareholder Value with Buyback

Melrose (GB:MRO) has released an update.

Melrose Industries PLC has repurchased 34,300 of its ordinary shares at a weighted average price of 588.59 pence per share, as part of its ongoing buyback program. The shares will be held in treasury, contributing to a total of 64,409,564 shares in treasury while 1,287,065,757 shares remain in circulation. This move is part of Melrose’s strategy to manage its capital structure effectively, potentially increasing shareholder value.

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