Melrose (GB:MRO) has released an update.
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Melrose Industries PLC has purchased 35,000 ordinary shares at a weighted average price of 572.5984 pence per share, with the highest price being 574.8000 pence and the lowest at 570.4000 pence. These shares will be held in treasury, bringing their total treasury holdings to 64,340,664 shares. This move is part of Melrose’s ongoing buyback programme, reflecting its strategic efforts to optimize capital structure and enhance shareholder value.
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