Melrose (GB:MRO) has released an update.
Melrose Industries PLC has announced a substantial buyback of 195,391 of its own shares at prices ranging from 479.30 to 487.20 pence per share, with the intention of holding these shares in treasury. Following this transaction, the company’s treasury now contains 59,500,319 shares, while the total number of ordinary shares in issue (excluding those held in treasury) stands at 1,291,975,002. The shares were purchased through Investec Bank plc as part of a buyback program, with detailed transaction information provided for each individual trade.
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