Melrose Industries Engages in Share Buyback Strategy

Melrose (GB:MRO) has released an update.

Melrose Industries PLC has purchased 298 of its own ordinary shares at a consistent price of 566.40 GBP each, as part of a buyback programme executed through J.P. Morgan Securities. The company plans to hold these shares in treasury, contributing to a total of over 64 million shares held in treasury. This move reflects Melrose’s ongoing strategy to manage its share capital effectively.

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