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The latest announcement is out from Melrose ( (GB:MRO) ).
Melrose Industries PLC has announced a share buyback program, purchasing 35,300 of its ordinary shares at a weighted average price of 559.9367 pence. These shares will be held in treasury, contributing to a total of 64,653,064 treasury shares with 1,286,822,257 shares in issue. This strategic move is part of Melrose’s ongoing efforts to manage its capital structure efficiently and potentially enhance shareholder value.
More about Melrose
YTD Price Performance: 0.83%
Average Trading Volume: 4,267,393
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £7.29B
See more data about MRO stock on TipRanks’ Stock Analysis page.
