Melrose (GB:MRO) has released an update.
Melrose Industries PLC recently acquired 106,000 of its own shares with an average price of 423.2181 pence per share, as part of its share buyback program. The purchased shares will be held in treasury, increasing the total number of shares held by the company to nearly 62 million. This move is part of Melrose’s broader strategy to manage its capital structure and enhance shareholder value.
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