Melrose (GB:MRO) has released an update.
Melrose Industries PLC has announced the purchase of 191,251 of its own ordinary shares at prices ranging from 484.50 to 495.00 pence per share, with the intention to hold these shares in treasury. With this buyback, the company now has 56,746,770 shares in treasury and 1,294,728,551 shares in issue, excluding those held in treasury. The transaction was carried out through Investec Bank plc and is part of the company’s ongoing share buyback programme.
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