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Melrose ( (GB:MRO) ) just unveiled an update.
Melrose Industries PLC has repurchased 142,044 of its ordinary shares on 23 January 2026 via Investec Bank at prices ranging between 627.60p and 633.60p, with a volume-weighted average price of 631.4382p. The shares will be held in treasury, taking Melrose’s treasury holding to 55,669,499 shares and leaving 1,255,805,822 ordinary shares in issue excluding treasury, a move that marginally reduces the free float and can enhance earnings per share for remaining shareholders as part of its ongoing buyback programme.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £616.00 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 focused on buying, improving and selling manufacturing and engineering businesses, with its shares traded on the London Stock Exchange.
Average Trading Volume: 2,929,117
Technical Sentiment Signal: Strong Buy
Current Market Cap: £7.98B
See more data about MRO stock on TipRanks’ Stock Analysis page.