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Melrose Industries Announces Share Buyback

Melrose Industries Announces Share Buyback

Melrose (GB:MRO) has released an update.

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Melrose Industries PLC has reported a buyback of 199,324 of its ordinary shares at prices ranging from 455.50 to 467.80 pence per share, with a volume-weighted average price of 461.9120 pence. These shares are to be held in treasury, following which the company has over 57 million shares in treasury and approximately 1.29 billion shares in issue, excluding those held in treasury.

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

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