Melrose (GB:MRO) has released an update.
Melrose Industries PLC has announced the repurchase of 196,282 of its ordinary shares at prices ranging from 470.70 to 478.50 pence per share, with a volume-weighted average price of 474.6586 pence. These shares are to be held in treasury, leaving the company with 58,720,338 treasury shares and 1,292,754,983 ordinary shares in issue. The detailed transactions were conducted through Investec Bank plc on the London Stock Exchange.
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