Melrose (GB:MRO) has released an update.
Melrose Industries PLC has reported the acquisition of 1,182,898 of its own ordinary shares, with transactions executed through Investec Bank plc. The shares were bought at prices ranging from 470.20 to 480.30 pence, with a weighted average of 475.0935 pence per share. Post-purchase, these shares will move to treasury, leaving the company with over 56 million shares in treasury and 1.295 billion shares in issue.
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