Melrose (GB:MRO) has released an update.
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Melrose Industries PLC has actively bought back 201,798 of its own shares at prices ranging from 456.10 to 473.20 pence per share, with a view to holding these in treasury. Following the transaction, Melrose now holds over 57 million shares in treasury, affecting the total number of ordinary shares in issue. The buyback indicates the company’s ongoing commitment to managing its share capital and providing shareholder value.
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