Marlowe (GB:MRL) has released an update.
Marlowe PLC, a business-critical services provider, has recently executed a share buyback program, purchasing 79,000 of its ordinary shares at an average price of 449.27 pence each. Following the repurchase, these shares are set to be cancelled, leaving the company with 88,519,302 ordinary shares. The transaction, part of a previously announced plan, underscores Marlowe’s ongoing capital management initiatives.
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