Melrose (GB:MRO) has released an update.
Melrose Industries PLC has conducted a share buyback, purchasing 196,117 of its own ordinary shares, with prices ranging from 458.60 to 476.40 pence per share. These shares will be held in treasury, and after the transaction, the company’s treasury holds 58,122,673 shares, with a total of 1,293,352,648 shares in issue, excluding treasury shares. The buyback was executed through Investec Bank plc and is part of the company’s ongoing buyback programme.
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