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The latest update is out from Marlowe ( (GB:MRL) ).
Marlowe PLC announced the repurchase of 65,000 ordinary shares as part of its ongoing share buyback program. This transaction, conducted through Cavendish Capital Markets Limited, reflects Marlowe’s commitment to optimizing its capital structure. The cancellation of these shares will adjust the total number of shares in issue, potentially affecting shareholder calculations under FCA rules.
More about Marlowe
Marlowe PLC is a leading provider of business-critical services ensuring compliance with strict regulations and insurance requirements across Fire Safety & Security and Water & Air Hygiene. The company has a national footprint, serving approximately 27,000 customers including SMEs, local authorities, and large corporations across various sectors.
YTD Price Performance: 0.0%
Average Trading Volume: 495,305
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £263.5M
For an in-depth examination of MRL stock, go to TipRanks’ Stock Analysis page.
