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Melrose Announces Major Share Buyback

Melrose Announces Major Share Buyback

Melrose (GB:MRO) has released an update.

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Melrose Industries PLC has announced the repurchase of 1,122,200 of its own shares on August 23, 2024, at prices ranging from 463.00 to 492.10 pence per share, with the intention of holding these shares in treasury. Following the transaction, the company’s total number of shares in treasury stands at 54,986,333, excluding the ordinary shares in issue. The detailed trade information of each individual transaction made through Investec Bank plc as part of the buyback program was provided in compliance with market regulations.

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