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Melrose ( (GB:MRO) ) has issued an update.
Melrose Industries PLC has announced a recent transaction involving the repurchase of 64,200 of its ordinary shares at an average price of 619.6795 pence per share. This move is part of the company’s buyback program, and the shares will be held in treasury, potentially strengthening the company’s stock value and providing greater flexibility in its capital structure.
More about Melrose
YTD Price Performance: 12.64%
Average Trading Volume: 3,713,414
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £8.01B
Find detailed analytics on MRO stock on TipRanks’ Stock Analysis page.
