Marlowe (GB:MRL) has released an update.
Marlowe PLC, a business-critical services provider, has just executed a share buyback, purchasing 554,269 of its own shares at a price of 454.91 pence each, as part of a previously announced buyback program. These shares will be cancelled, subsequently reducing the total number of shares in issue to 88,598,302, a detail relevant for shareholders in reference to the FCA’s Disclosure Guidance and Transparency Rules. The company emphasizes its commitment to maintaining regulatory and insurance compliance for a broad range of clients, including SMEs, local authorities, and FTSE 100 companies.
For further insights into GB:MRL stock, check out TipRanks’ Stock Analysis page.