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An update from Melrose ( (GB:MRO) ) is now available.
Melrose Industries PLC has continued its share buyback activity, purchasing 141,186 ordinary shares on 28 January 2026 via Investec Bank at prices ranging between 617.80p and 647.20p, with a volume-weighted average price of 630.2773p. The company will hold these shares in treasury, bringing its treasury stock to 56,094,138 shares and leaving 1,255,381,183 ordinary shares in issue, a move that marginally reduces the free float and can enhance earnings per share over time while underscoring management’s ongoing use of buybacks as a tool for capital returns.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £609.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Spark’s Take on GB:MRO Stock
According to Spark, TipRanks’ AI Analyst, GB:MRO is a Neutral.
Melrose Industries’ overall stock score is primarily impacted by its financial performance challenges, including declining revenue and negative cash flows. Technical analysis indicates mixed signals, with bearish momentum and neutral indicators. Valuation metrics suggest moderate pricing, but the low dividend yield limits income potential. While corporate events like share buybacks and leadership changes are positive, they do not significantly offset the financial and technical challenges.
To see Spark’s full report on GB:MRO stock, click here.
More about Melrose
Melrose Industries PLC is a UK-listed industrial group that typically focuses on acquiring and improving manufacturing and engineering businesses before crystallising value for shareholders. It operates through holdings in industrial and engineered products, with its shares traded on the London Stock Exchange and a shareholder base that closely follows its capital allocation and buyback activities.
Average Trading Volume: 2,946,256
Technical Sentiment Signal: Buy
Current Market Cap: £7.95B
Learn more about MRO stock on TipRanks’ Stock Analysis page.