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Marlowe ( (GB:MRL) ) has provided an update.
Marlowe plc has executed a share buyback program, purchasing 50,000 of its own shares at a volume-weighted average price of 320 pence per share. Following the cancellation of these shares, the company’s total issued shares will be reduced to 81,859,240. This move may impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
More about Marlowe
Marlowe plc is a leader in business-critical services, ensuring compliance with strict regulations and insurance requirements across Fire Safety & Security and Water & Air Hygiene. The company operates nationally, serving approximately 27,000 customers in various sectors, including office complexes, manufacturing plants, SMEs, and FTSE 100 companies.
YTD Price Performance: -1.23%
Average Trading Volume: 497,514
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £262.4M
For a thorough assessment of MRL stock, go to TipRanks’ Stock Analysis page.