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Melrose Industries Announces Share Buyback

Melrose Industries Announces Share Buyback

Melrose Industries Plc (GB:MRO) has released an update.

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Melrose Industries PLC has announced the buyback of 331,345 of its ordinary shares on 7th May 2024, with prices ranging between 592.0 to 612.6 pence per share. Following the transaction, the company now holds 44,594,256 ordinary shares in treasury while the total number of shares in issue stands at 1,306,881,065 (excluding treasury shares). The shares were bought through Investec Bank plc as part of the company’s ongoing buyback program.

For further insights into GB:MRO stock, check out TipRanks’ Stock Analysis page.

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