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Marlowe ( (GB:MRL) ) has issued an announcement.
Marlowe plc has executed a share buyback program, purchasing 75,000 ordinary shares at an average price of 319.90 pence each. The acquired shares will be canceled, resulting in a total of 82,852,430 shares remaining in issuance. This move is part of a previously announced program and may affect the calculations stakeholders use to determine their interest in the company according to FCA regulations.
More about Marlowe
Marlowe plc is a leader in business-critical services, focusing on compliance with stringent regulations and insurance requirements in the Fire Safety & Security and Water & Air Hygiene sectors. The company has a national footprint, serving around 27,000 customers 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: -1.23%
Average Trading Volume: 576,566
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £263.7M
For detailed information about MRL stock, go to TipRanks’ Stock Analysis page.
