Marlowe (GB:MRL) has released an update.
Marlowe plc, a market leader in business-critical services, has recently implemented its share buyback program by purchasing 23,000 of its own ordinary shares at a volume-weighted average price of 431.887 pence per share. These shares, procured through Cavendish Capital Markets Limited, are set to be cancelled, consequently reducing the number of shares in issue to 88,099,519. This action could potentially impact shareholder value and warrants attention from investors monitoring their shareholding percentages.
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