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Marlowe ( (GB:MRL) ) has shared an update.
Marlowe plc has executed a share buyback, purchasing 115,000 ordinary shares at an average price of 311.024 pence per share, in line with its buyback programme. This strategic action will reduce the number of shares in circulation to 82,952,430, potentially impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
More about Marlowe
Marlowe plc is a leader in business-critical services, focusing on compliance with stringent regulations and insurance requirements in Fire Safety & Security and Water & Air Hygiene. With a national footprint, the company serves around 27,000 clients, including SMEs, local authorities, facilities management providers, multi-site NHS trusts, and FTSE 100 companies across various sectors such as office complexes, high streets, leisure facilities, manufacturing plants, and industrial estates.
YTD Price Performance: 79.27%
Average Trading Volume: 736,270
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £256.8M
Find detailed analytics on MRL stock on TipRanks’ Stock Analysis page.
