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Melrose ( (GB:MRO) ) just unveiled an update.
Melrose Industries PLC, a British company, announced the repurchase of 71,194 of its ordinary shares, with prices ranging from 557.0000 to 565.4000 per share. The transaction was executed through J.P. Morgan Securities plc. The repurchased shares are intended to be held in treasury, increasing the total number of treasury shares to 65,702,112. This move is part of a buyback programme, which may influence the company’s share value and highlight its focus on capital management.
More about Melrose
YTD Price Performance: 0.61%
Average Trading Volume: 4,021,233
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £7.24B
Find detailed analytics on MRO stock on TipRanks’ Stock Analysis page.
