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The latest update is out from Marlowe ( (GB:MRL) ).
Marlowe plc announced the purchase of 578,405 ordinary shares as part of its share buyback program, with plans to cancel the acquired shares. This action will result in the company having 83,067,430 ordinary shares in issue, impacting 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 regulations and insurance requirements in Fire Safety & Security and Water & Air Hygiene. The company has a national presence and serves around 27,000 customers, including SMEs, local authorities, facilities management providers, NHS trusts, and FTSE 100 companies.
YTD Price Performance: 79.27%
Average Trading Volume: 736,270
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £256.8M
For a thorough assessment of MRL stock, go to TipRanks’ Stock Analysis page.
