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Melrose Industries Executes Share Buyback

Melrose Industries Executes Share Buyback

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

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Melrose Industries PLC has announced the repurchase of 334,472 of its ordinary shares through Investec Bank plc. Following the transaction, the company holds 45,597,380 shares in treasury and has a total of 1,305,877,941 shares in issue, excluding treasury shares. The shares were acquired at prices ranging from 588.4 to 602.6 pence per share, with the intention to hold them in treasury.

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

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