Top Page
Melrose
(LSE:MRO)
Melrose (MRO) vs. iShares MSCI United Kingdom ETF (EWC)
Melrose Business Overview & Revenue Model
Melrose Earnings Call Summary
Melrose Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 3.59B | 3.47B | 3.35B | 7.54B | 6.65B |
| Gross Profit | 668.00M | 822.00M | 654.00M | 571.00M | 410.00M |
| EBITDA | 1.02B | 392.00M | 385.00M | 146.00M | 324.00M |
| Net Income | 370.00M | -49.00M | -1.02B | -292.00M | -500.00M |
Balance Sheet | |||||
| Total Assets | 7.60B | 7.44B | 6.93B | 13.99B | 14.02B |
| Cash, Cash Equivalents and Short-Term Investments | 166.00M | 88.00M | 58.00M | 355.00M | 473.00M |
| Total Debt | 2.20B | 1.65B | 822.00M | 1.86B | 1.74B |
| Total Liabilities | 4.75B | 4.59B | 3.36B | 6.79B | 6.46B |
| Stockholders Equity | 2.83B | 2.84B | 3.57B | 7.13B | 7.51B |
Cash Flow | |||||
| Free Cash Flow | 128.00M | -244.00M | -66.00M | -31.00M | 81.00M |
| Operating Cash Flow | 214.00M | -121.00M | 29.00M | 267.00M | 317.00M |
| Investing Cash Flow | -82.00M | -68.00M | 721.00M | 129.00M | 2.46B |
| Financing Cash Flow | -58.00M | 219.00M | -966.00M | -599.00M | -2.47B |
Melrose Technical Analysis
Melrose Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | £6.76B | 29.31 | 23.79% | 1.29% | -0.32% | -3.96% | |
75 Outperform | £8.76B | 28.62 | 17.68% | 1.26% | -1.97% | 40.55% | |
72 Outperform | £5.52B | 33.93 | 14.19% | 2.46% | 0.10% | -15.33% | |
66 Neutral | £3.05B | 31.54 | 16.97% | 2.04% | 1.93% | -15.07% | |
66 Neutral | £8.20B | 30.71 | 12.85% | 1.93% | -6.93% | 18.57% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
62 Neutral | £6.78B | 18.62 | 10.69% | 1.10% | -0.38% | ― |
Melrose Corporate Events
Melrose Industries PLC has announced that non-executive director Ian Barkshire has been appointed as a non-executive director and chair designate of Focusrite plc, a listed audio equipment company. The move signals an expansion of Barkshire’s governance responsibilities across UK-listed businesses, and underscores the cross-board expertise present on Melrose’s board, though the company has indicated no change to his role at Melrose itself.
The most recent analyst rating on (GB:MRO) stock is a Buy with a £800.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has repurchased 1,225,000 of its ordinary shares on 27 February 2026 through Investec Bank at a volume-weighted average price of about 567.4 pence, with prices ranging between 537.4 pence and 637.2 pence. The shares will be held in treasury, taking treasury holdings to 60,238,887 and leaving 1,251,236,434 shares in issue excluding treasury, in a move that underscores the group’s ongoing capital return strategy and may support earnings per share over time.
The latest buyback activity formed part of Melrose’s existing share repurchase programme and was executed across venues including the London Stock Exchange and BATE. By continuing to shrink its free float while maintaining substantial issuance, the company signals confidence in its balance sheet and prospects, which is likely to be closely watched by shareholders focused on capital efficiency and valuation.
The most recent analyst rating on (GB:MRO) stock is a Buy with a £800.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC reported the repurchase of 140,204 ordinary shares on 26 February 2026 via Investec Bank at prices between 644.20p and 655.60p, with a volume‑weighted average price of 651.1678p. The company will hold these shares in treasury, leaving 59,013,887 shares in treasury and 1,252,461,434 ordinary shares in issue, underscoring continued execution of its buyback programme and capital-return strategy.
The latest transaction marginally reduces the free float and can support earnings per share over time, signalling management’s ongoing confidence in the group’s financial position and prospects. For investors, the move is another incremental step in Melrose’s broader capital allocation plan, which relies on disciplined buybacks to return excess cash and fine-tune its balance sheet.
The most recent analyst rating on (GB:MRO) stock is a Buy with a £763.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries reported a strong 2025 performance, with revenue up 8% to £3.59 billion and adjusted operating profit rising 23% to £647 million, lifting margins to 18%. Free cash flow swung to £125 million from a £74 million outflow, while leverage remained within target at 1.8x net debt to EBITDA.
Engines led growth with 15% higher revenue and a 27% jump in adjusted operating profit, supported by robust original equipment and aftermarket demand and variable consideration from risk-and-revenue-sharing contracts. The Airframes division delivered 3% like-for-like revenue growth and a 10% rise in adjusted operating profit, driven by defence platforms despite softer civil volumes and some productivity constraints.
The company completed its multi-year transformation programme, citing improved quality and productivity, and highlighted a series of key defence and advanced air mobility contracts and partnerships as strengthening its commercial position. Melrose launched a £175 million share buyback and proposed a 20% higher final dividend, signalling confidence as it guides to further revenue, profit and cash flow growth in 2026 toward its 2029 targets.
The most recent analyst rating on (GB:MRO) stock is a Buy with a £763.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has continued its share buyback activity, repurchasing 141,939 ordinary shares on 25 February 2026 via Investec Bank at prices ranging between 637.60 pence and 653.00 pence, with a volume‑weighted average price of 649.6448 pence. The company plans to hold these shares in treasury, bringing its treasury stock to 58,873,683 shares and leaving 1,252,601,638 ordinary shares in issue, a move that marginally reduces the free float and can enhance earnings per share over time.
The latest transaction, executed on the London Stock Exchange under Melrose’s ongoing buyback programme, underscores management’s continuing use of surplus capital to return value to investors rather than expanding the share count. By tightening the share base while maintaining a substantial number of shares in issue, the group preserves flexibility for future capital management, including potential use of treasury shares for employee incentives or corporate actions without immediate dilution for existing shareholders.
The most recent analyst rating on (GB:MRO) stock is a Buy with a £763.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has continued its share buyback activity, repurchasing 135,438 ordinary shares on 24 February 2026 through Investec Bank at prices ranging between 635.8p and 670p, with a volume-weighted average price of about 649.37p. The company plans to hold these shares in treasury, leaving 58,731,744 shares in treasury and 1,252,743,577 ordinary shares in issue, a move that marginally reduces the free float and can enhance earnings per share and capital return for existing investors.
The latest tranche underscores Melrose’s ongoing use of balance-sheet flexibility to manage its capital structure and signal confidence in the value of its equity. By steadily executing its buyback programme on the London Stock Exchange, the group is incrementally concentrating ownership among remaining shareholders, which may support the share price and reflects a broader trend of UK industrials using repurchases as a key shareholder distribution tool.
The most recent analyst rating on (GB:MRO) stock is a Buy with a £763.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has confirmed the timing of its previously announced chief financial officer succession, with Ross McCluskey to be appointed CFO and join the board as an executive director on 5 May 2026. Incumbent CFO Matthew Gregory will step down from his board and CFO roles on the same day but remain with the company until 30 November 2026 to ensure an orderly handover and provide ongoing support ahead of his planned retirement, signalling a managed and stable transition for investors and other stakeholders.
The most recent analyst rating on (GB:MRO) stock is a Buy with a £763.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has repurchased 134,587 of its ordinary shares on 23 February 2026 via Investec Bank at a volume-weighted average price of 670.0898 pence, with prices ranging between 662.40 pence and 674.80 pence per share. The shares will be held in treasury, bringing total treasury shares to 58,596,306 and leaving 1,252,879,015 shares in issue, a move that modestly tightens the free float and signals continued use of buybacks as a tool for capital management and shareholder value enhancement.
The most recent analyst rating on (GB:MRO) stock is a Buy with a £763.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has continued its share buyback activity, repurchasing 136,557 ordinary shares on 20 February 2026 via Investec Bank at prices between 666.60p and 677.40p, with a volume-weighted average price of 670.7870p. The company plans to hold these shares in treasury, leaving 58,461,719 shares held in treasury and 1,253,013,602 ordinary shares in issue, a move that marginally reduces the free float and can enhance earnings per share and capital returns for existing investors.
The transaction underscores Melrose’s ongoing capital management strategy, signalling confidence in its valuation and providing flexibility for future uses of treasury shares such as employee incentive schemes or further corporate actions. For shareholders, the incremental reduction in circulating equity supports a more shareholder-friendly capital structure and may strengthen market perceptions of disciplined financial stewardship in a competitive industrial sector.
The most recent analyst rating on (GB:MRO) stock is a Buy with a £763.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has repurchased 134,003 of its ordinary shares on 19 February 2026 via Investec Bank at prices ranging from 661.00p to 681.80p, with a volume-weighted average price of 666.1867p. The company plans to hold these shares in treasury, bringing its treasury holding to 58,325,162 shares and leaving 1,253,150,159 ordinary shares in issue excluding treasury.
The latest transaction is part of Melrose’s ongoing share buyback activity, which effectively reduces the free float and can enhance earnings per share and capital returns for investors over time. By continuing to buy back stock and retain it in treasury, Melrose underlines its commitment to shareholder-friendly capital allocation and signals confidence in the company’s valuation and financial position.
The most recent analyst rating on (GB:MRO) stock is a Buy with a £763.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has continued its share buyback activity, repurchasing 88,866 ordinary shares on 18 February 2026 via Investec Bank at a volume-weighted average price of 675.4407 pence. The company intends to hold these shares in treasury, bringing its treasury holding to 58,191,159 shares and leaving 1,253,284,162 ordinary shares in issue excluding treasury stock.
The latest tranche of buybacks underscores Melrose’s ongoing capital-return strategy and balance-sheet management, incrementally shrinking the free float and potentially enhancing earnings per share over time. This move may be seen by investors as a sign of confidence in the company’s valuation and future cash-generation capacity, while maintaining flexibility through the use of treasury shares for corporate purposes.
The most recent analyst rating on (GB:MRO) stock is a Buy with a £763.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has continued its share buyback activity, purchasing 135,119 ordinary shares on 17 February 2026 via Investec Bank at prices ranging from 648.80p to 664.60p and a volume-weighted average price of 655.9062p. The company plans to hold these shares in treasury, bringing its treasury holdings to 58,102,293 shares and leaving 1,253,373,028 ordinary shares in issue, a move that marginally reduces the free float and can support earnings per share for remaining investors.
The transactions, executed on the London Stock Exchange, form part of Melrose’s ongoing capital management strategy aimed at returning surplus capital and optimising its balance sheet. By tightening the share count while maintaining substantial liquidity in the stock, the company underscores its commitment to shareholder value and signals confidence in its equity valuation, which may be viewed positively by investors monitoring capital allocation discipline.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £609.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has repurchased 140,090 of its ordinary shares on 16 February 2026 via Investec Bank at prices ranging between 640.60p and 667.00p, with a volume-weighted average price of 663.8564p. The shares, which will be held in treasury, lift Melrose’s treasury stock to 57,967,174 and leave 1,253,508,147 ordinary shares in issue, incrementally boosting earnings per share and underscoring the company’s ongoing capital-return strategy.
The buyback, executed on the London Stock Exchange as part of Melrose’s existing repurchase programme, reflects management’s confidence in the group’s valuation and financial position. By shrinking the effective free float over time, the company continues to deploy surplus capital in a way that may support shareholder returns and signal a disciplined approach to balance-sheet management.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £609.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has continued its share buyback activity, purchasing 145,434 ordinary shares on 13 February 2026 via Investec at prices between 621.00p and 649.80p, with a volume-weighted average of 639.1698p. The shares will be held in treasury, leaving 57,827,084 shares in treasury and 1,253,648,237 shares in issue, a move that marginally reduces the free float and can enhance earnings per share and capital returns for remaining investors.
The latest repurchase, executed on the London Stock Exchange, forms part of Melrose’s ongoing capital management strategy aimed at returning surplus cash and optimizing its balance sheet. By steadily shrinking the effective share count while maintaining a substantial treasury position, the group signals confidence in its valuation and preserves flexibility for future corporate actions, which could support the stock’s appeal among income and value-focused shareholders.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £609.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has repurchased 144,084 of its ordinary shares on 12 February 2026 via Investec Bank at prices between 628.60p and 640.00p, with a volume-weighted average price of 636.3097p. The shares will be held in treasury, bringing Melrose’s treasury holding to 57,681,650 shares and leaving 1,253,793,671 ordinary shares in issue, underscoring the group’s continued use of buybacks to manage its capital structure and support shareholder returns.
The latest transaction forms part of Melrose’s ongoing buyback programme executed on the London Stock Exchange venue XLON under market abuse regulation rules. By shrinking the free float and increasing the proportion of shares held in treasury, the company may enhance earnings per share over time and signals confidence in its valuation to investors in the industrials sector.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £609.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has continued its share buyback activity, repurchasing 141,186 ordinary shares on 11 February 2026 through Investec Bank at prices ranging between 626.20 pence and 642.00 pence, with a volume-weighted average price of 635.2749 pence. The company intends to hold these shares in treasury, bringing its treasury holding to 57,537,566 shares and leaving 1,253,937,755 ordinary shares in issue, a move that marginally reduces the free float and can enhance earnings per share over time, underlining Melrose’s ongoing use of capital returns as part of its shareholder value strategy.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £609.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC repurchased 141,234 ordinary shares on 10 February 2026 via Investec Bank at prices between 634.80p and 644.80p, with a volume-weighted average price of 642.5585p. The shares will be held in treasury, leaving 57,396,380 shares in treasury and 1,254,078,941 ordinary shares in issue excluding treasury, modestly reducing the free float and signalling continued active capital management.
The transaction forms part of the company’s ongoing buyback programme and underscores management’s willingness to return capital and potentially enhance earnings per share over time. For shareholders, the move may support the share price and reflects confidence in the company’s financial position and long-term strategy, though the scale of this specific tranche is relatively small in the context of total shares outstanding.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £609.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has continued its share buyback activity, repurchasing 143,857 ordinary shares on 9 February 2026 via Investec Bank at a volume-weighted average price of 641.87 pence. The shares, bought within a price range of 639.40 pence to 644.80 pence, will be held in treasury, reflecting the company’s ongoing use of buybacks as a tool of capital management.
Following this transaction, Melrose now holds 57,255,146 shares in treasury and has 1,254,220,175 ordinary shares in issue excluding treasury stock. The move marginally reduces the effective free float and can enhance earnings per share over time, underlining management’s continued focus on returning capital and optimising the group’s equity base for shareholders.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £609.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has continued its share buyback activity, purchasing 143,857 ordinary shares on 9 February 2026 at a volume-weighted average price of 641.8707 pence, with trades executed via the London Stock Exchange. The repurchased shares will be held in treasury, taking total treasury shares to 57,255,146 and leaving 1,254,220,175 shares in issue, a move that incrementally tightens the free float and can be supportive of earnings per share over time.
The latest transaction underscores Melrose’s ongoing commitment to returning capital to investors through buybacks alongside its broader value-creation strategy. By continuing to reduce the number of shares in public hands, the company signals confidence in its balance sheet and long-term prospects, which may be viewed positively by shareholders and the wider market.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £609.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has continued its share buyback activity, repurchasing 144,927 ordinary shares on 6 February 2026 via Investec Bank at prices ranging between 617.40p and 631.40p, with a volume-weighted average price of 625.5058p. The company intends to hold these shares in treasury, leaving 57,111,289 shares in treasury and 1,254,364,032 ordinary shares in issue, a move that marginally reduces the free float and can be supportive of earnings per share and capital return objectives.
The latest transaction forms part of Melrose’s ongoing buyback programme executed on the London Stock Exchange’s XLON venue. By continuing to repurchase and warehouse its own equity, the group signals confidence in its valuation and maintains flexibility for future capital allocation, which may be viewed positively by shareholders seeking disciplined returns and improved per-share metrics.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £609.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has continued its share buyback programme, purchasing 145,558 of its ordinary shares on 5 February 2026 via Investec Bank at prices ranging between 611.00p and 621.40p, with a volume-weighted average price of 617.4454p. The repurchased shares will be held in treasury, taking Melrose’s treasury holdings to 56,966,362 shares and leaving 1,254,508,959 ordinary shares in issue, a move that subtly tightens the free float and underscores the company’s ongoing use of buybacks to manage its equity base and potentially enhance value for existing shareholders.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £609.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has continued its share buyback activity, repurchasing 146,678 ordinary shares on 4 February 2026 via Investec Bank at prices ranging between 612.20p and 626.80p, with a volume‑weighted average price of 620.37p. The shares will be held in treasury, bringing treasury holdings to 56,820,804 shares and leaving 1,254,654,517 ordinary shares in issue excluding treasury, a move that marginally reduces the free float and can enhance earnings per share, signalling ongoing efforts to return capital and manage its capital structure for shareholders’ benefit.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £609.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has continued its share buyback activity, purchasing 145,355 ordinary shares on 3 February 2026 via Investec Bank at prices ranging between 613.60p and 628.60p, with a volume-weighted average price of 621.1485p. The shares will be held in treasury, bringing Melrose’s treasury stock to 56,674,126 shares and leaving 1,254,801,195 ordinary shares in issue excluding treasury, a move that modestly reduces the stock available on the market and reflects the company’s ongoing capital management strategy aimed at optimising its capital structure and potentially enhancing earnings per share over time.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £609.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has continued its share buyback activity, repurchasing 144,769 ordinary shares on 2 February 2026 via Investec Bank at prices ranging between 614.8p and 626.6p, with a volume-weighted average price of 620.5943p. The shares will be held in treasury, bringing treasury holdings to 56,528,771 and leaving 1,254,946,550 ordinary shares in issue excluding treasury, a move that incrementally enhances capital return to shareholders and may support earnings per share and capital structure efficiency over time.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £609.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has repurchased 145,415 of its ordinary shares on 30 January 2026 via Investec Bank at prices ranging between 618.80p and 630.40p, with a volume-weighted average price of 627.2147p per share. The shares, which are being held in treasury, lift Melrose’s treasury holdings to 56,384,002 shares and leave 1,255,091,319 shares in issue, underscoring the company’s ongoing capital return strategy and modestly increasing earnings per share for remaining shareholders by reducing the free float.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £609.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has continued its share buyback activity, purchasing 144,449 ordinary shares on 29 January 2026 via Investec Bank at prices between 623.20p and 632.20p, with a volume-weighted average price of 628.4226p. The repurchased shares will be held in treasury, taking the company’s treasury holding to 56,238,587 shares and leaving 1,255,236,734 ordinary shares in issue excluding treasury, a move that can support earnings per share and signals ongoing capital-return discipline to investors.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £609.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has continued its share buyback activity, purchasing 141,186 ordinary shares on 28 January 2026 via Investec Bank at prices ranging between 617.80p and 647.20p, with a volume-weighted average price of 630.2773p. The company will hold these shares in treasury, bringing its treasury stock to 56,094,138 shares and leaving 1,255,381,183 ordinary shares in issue, a move that marginally reduces the free float and can enhance earnings per share over time while underscoring management’s ongoing use of buybacks as a tool for capital returns.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £609.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has continued its share buyback activity, repurchasing 141,756 ordinary shares on 27 January 2026 via Investec Bank at prices ranging between 632.40p and 642.80p, with a volume‑weighted average price of 638.2752p. The shares will be held in treasury, bringing Melrose’s treasury stock to 55,952,952 shares and leaving 1,255,522,369 ordinary shares in issue excluding treasury, a move that marginally reduces the free float and can enhance earnings per share over time while signalling confidence in the company’s valuation and capital position.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £623.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has continued its share buyback activity, repurchasing 141,697 ordinary shares on 26 January 2026 via Investec Bank at prices between 628.40p and 641.00p, with a volume-weighted average price of 634.6934p. The shares will be held in treasury, taking treasury holdings to 55,811,196 shares and leaving 1,255,664,125 ordinary shares in issue excluding treasury, underscoring the group’s ongoing capital-return programme and its efforts to manage its share capital and potentially enhance earnings per share for investors.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £614.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has strengthened its board with the appointment of veteran aerospace and defence executive Mary Petryszyn as a non-executive director, effective 26 January 2026. Petryszyn brings more than three decades of senior leadership experience in defence systems technologies and global operations, including a decade at Northrop Grumman where she served as corporate vice president and president of Defence Systems, as well as previous executive roles at Singer-Link, Hughes Aircraft and Raytheon. She also sits on several other boards in the space, defence and technology sectors, reinforcing Melrose’s access to deep sector expertise and governance experience. The company’s chair, Chris Grigg, said her background in growing global defence businesses will support Melrose’s strategy and growth ambitions, while Petryszyn signalled her intention to help the board and executive team deliver on the group’s strategic plan and create value for stakeholders.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £616.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has repurchased 142,044 of its ordinary shares on 23 January 2026 via Investec Bank at prices ranging between 627.60p and 633.60p, with a volume-weighted average price of 631.4382p. The shares will be held in treasury, taking Melrose’s treasury holding to 55,669,499 shares and leaving 1,255,805,822 ordinary shares in issue excluding treasury, a move that marginally reduces the free float and can enhance earnings per share for remaining shareholders as part of its ongoing buyback programme.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £616.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has repurchased 140,420 of its ordinary shares on 22 January 2026 via Investec Bank at prices between 629.20p and 642.80p, with a volume-weighted average price of 638.1968p, and will hold the shares in treasury. Following this transaction, Melrose now holds 55,527,455 shares in treasury and has 1,255,947,866 ordinary shares in issue excluding treasury, underscoring the continuation of its share buyback programme and signalling ongoing capital management that may be supportive of earnings per share and shareholder value over time.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £613.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has continued its share buyback activity, purchasing 144,815 ordinary shares on 21 January 2026 through Investec Bank at prices ranging between 623.40p and 642.20p, with a volume-weighted average price of 631.33p. The company will hold these shares in treasury, bringing its treasury holding to 55,387,035 shares and leaving 1,256,088,286 ordinary shares in issue, a move that marginally reduces the free float and can enhance earnings per share over time as part of its broader capital return strategy.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £613.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has continued its share buyback activity, purchasing 145,581 ordinary shares on 20 January 2026 via Investec Bank at prices ranging between 605.40p and 626.80p, with a volume-weighted average price of 618.5989p. The company will hold these shares in treasury, bringing its treasury stock to 55,242,220 shares and leaving 1,256,233,101 ordinary shares in issue, a move that marginally reduces the free float and can enhance earnings per share over time, signalling ongoing capital-return commitments to shareholders.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £622.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has continued its share buyback activity, repurchasing 141,449 ordinary shares on 19 January 2026 through Investec Bank at prices ranging between 618.60p and 637.20p, with a volume‑weighted average price of 630.77p. The company intends to hold these shares in treasury, bringing its treasury holding to 55,096,639 shares and leaving 1,256,378,682 ordinary shares in issue excluding treasury, a move that incrementally enhances capital management flexibility and can support earnings per share for remaining investors.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £622.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has continued its share buyback activity, repurchasing 141,464 ordinary shares on 16 January 2026 via Investec Bank at prices ranging between 633.60p and 640.60p, with a volume-weighted average price of 637.84p. The shares will be held in treasury, taking the company’s treasury holding to 54,955,190 shares and leaving 1,256,520,131 shares in issue, a move that marginally reduces the stock’s free float and can enhance earnings per share over time, underlining the group’s ongoing capital-return strategy for investors.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £622.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has continued its share buyback activity, purchasing 140,479 ordinary shares on 15 January 2026 via Investec Bank at prices ranging between 630p and 638p, with a volume‑weighted average price of 633.98p. The repurchased shares will be held in treasury, bringing the company’s treasury stock to 54,813,726 shares and leaving 1,256,661,595 ordinary shares in issue, a move that marginally reduces the free float and can enhance earnings per share and capital returns for remaining investors as part of Melrose’s ongoing shareholder‑focused capital allocation strategy.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £615.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has continued its share buyback activity, repurchasing 140,094 ordinary shares on 14 January 2026 via Investec Bank at prices ranging between 628.20p and 648.60p, with a volume-weighted average price of 635.53p. The shares will be held in treasury, taking treasury holdings to 54.67 million and leaving 1.26 billion shares in issue, a move that marginally reduces the free float and can enhance earnings per share over time, underscoring the company’s ongoing capital-return strategy to shareholders.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £646.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has continued its share buyback activity, purchasing 143,317 ordinary shares on 13 January 2026 via Investec Bank at prices ranging between 631.4p and 645.2p, with a volume-weighted average price of 636.0633p. The company intends to hold these shares in treasury, bringing its total treasury holding to 54,533,153 shares and leaving 1,256,942,168 ordinary shares in issue, a move that marginally reduces the free float and may support earnings per share and capital return objectives for existing shareholders.
The most recent analyst rating on (GB:MRO) stock is a Buy with a £800.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has continued its share buyback activity, repurchasing 144,907 ordinary shares on 12 January 2026 at prices between 623.0p and 635.6p, with a volume‑weighted average price of 631.36p, through Investec Bank. The company intends to hold the shares in treasury, bringing its treasury holdings to 54,389,836 shares and leaving 1,257,085,485 ordinary shares in issue excluding treasury, a move that marginally reduces the free float and can enhance earnings per share while signalling confidence in the group’s valuation and capital position to shareholders.
The most recent analyst rating on (GB:MRO) stock is a Sell with a £430.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has repurchased 145,230 of its ordinary shares on 9 January 2026 via Investec Bank at prices between 621.20p and 627.20p per share, at a volume-weighted average price of 624.2846p, as part of its ongoing share buyback activity. The company will hold these shares in treasury, bringing its treasury stock to 54,244,929 shares and leaving 1,257,230,392 ordinary shares in issue, a move that marginally reduces the free float and can enhance earnings per share over time, signalling continued capital return to shareholders.
The most recent analyst rating on (GB:MRO) stock is a Sell with a £430.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has continued its share buyback activity, repurchasing 143,675 ordinary shares on 8 January 2026 via Investec Bank at a volume‑weighted average price of 625.7569 pence, with prices ranging between 621.00 and 631.80 pence. The shares will be held in treasury, taking the company’s treasury stock to 54,099,699 shares and leaving 1,257,375,622 ordinary shares in issue excluding treasury, a move that marginally reduces the free float and can enhance earnings per share, underscoring Melrose’s ongoing capital return strategy to shareholders.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £600.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has continued its share buyback activity, purchasing 145,929 of its £0.001 ordinary shares on 7 January 2026 via Investec Bank at prices ranging between 619.00p and 635.20p, with a volume-weighted average price of 628.4121p. The company plans to hold these repurchased shares in treasury, bringing its treasury holding to 53,956,024 shares and leaving 1,257,519,297 ordinary shares in issue, a move that marginally reduces the free float and can enhance earnings per share over time while signalling ongoing management commitment to shareholder returns through active balance sheet and capital structure management.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £600.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has repurchased 146,161 of its own ordinary shares on 6 January 2026 via Investec Bank at prices ranging between 617.40p and 625.60p, at a volume-weighted average price of 621.3855p. The shares, bought on the London Stock Exchange, will be held in treasury, bringing its treasury holding to 53,810,095 shares and leaving 1,257,665,226 ordinary shares in issue, a move that slightly reduces the free float and may support earnings per share and capital return objectives under the company’s ongoing buyback programme.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £600.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has repurchased 54,264 of its ordinary shares on 5 January 2026 through Investec Bank at prices between 616.80p and 619.20p, with a volume‑weighted average price of 618.7030p, and will hold the stock in treasury. Following this latest transaction, the group now holds 53,663,934 shares in treasury and has 1,257,811,387 ordinary shares in issue excluding treasury stock, incrementally boosting earnings per share and signalling continued use of buybacks as a capital management tool for shareholders.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £600.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has continued its share buyback activity, purchasing 152,957 ordinary shares on 2 January 2026 via Investec Bank at prices ranging between 594.40p and 611.20p, with a volume-weighted average price of 602.3925p. The repurchased shares will be held in treasury, bringing the company’s treasury position to 53,609,670 shares and leaving 1,257,865,651 shares in issue excluding treasury, a move that marginally reduces the stock’s free float and can support earnings per share and capital-return objectives for shareholders.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £600.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has repurchased 43,133 of its own ordinary shares on 31 December 2025 via Investec Bank at a volume-weighted average price of 585.3490 pence per share, with prices ranging between 583.80 pence and 588.60 pence. The shares, which will be held in treasury, lift Melrose’s treasury stock to 53,456,713 shares and leave 1,258,018,608 ordinary shares in issue, underscoring the company’s ongoing share buyback strategy aimed at managing its capital structure and potentially enhancing earnings per share for investors.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £600.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has continued its share buyback programme, purchasing 155,050 ordinary shares on 30 December 2025 via Investec Bank at prices between 578.00p and 589.40p, with a volume-weighted average price of 584.1232p. The shares will be held in treasury, taking its treasury holding to 53,413,580 shares and leaving 1,258,061,741 ordinary shares in issue excluding treasury, a move that marginally reduces the free float and can enhance earnings per share while underscoring the company’s ongoing commitment to returning capital to shareholders.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £600.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has repurchased 153,352 of its ordinary shares on 29 December 2025 via Investec Bank at prices between 577.80p and 585.80p, with a volume-weighted average price of 580.1802p, and will hold the shares in treasury. Following this transaction, Melrose now holds 53,258,530 shares in treasury and has 1,258,216,791 ordinary shares in issue excluding treasury stock, underscoring the company’s continued use of buybacks to manage its capital structure and potentially enhance earnings per share and shareholder value.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £600.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has continued its share buyback activity, repurchasing 57,475 ordinary shares on 24 December 2025 through Investec Bank at a volume-weighted average price of 581.3585 pence per share, within a trading range of 578.00 to 584.60 pence. The company will hold these shares in treasury, bringing its treasury holding to 53,105,178 shares and leaving 1,258,370,143 ordinary shares in issue excluding treasury, a move that marginally reduces the effective free float and can be supportive of earnings per share and capital return objectives for existing shareholders.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £600.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has repurchased 154,017 of its ordinary shares on 23 December 2025 via Investec Bank at prices ranging between 577.60p and 585.80p, with a volume‑weighted average price of 581.9563p, as part of its ongoing share buyback programme. The shares, which will be held in treasury, lift Melrose’s treasury holding to 53,047,703 shares and leave 1,258,427,618 shares in issue excluding treasury, underscoring the group’s continued use of buybacks as a capital allocation tool that can enhance earnings per share and signal confidence in its valuation to investors.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £600.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries has continued its share buyback activity, repurchasing 156,619 ordinary shares on 22 December 2025 via Investec Bank at prices ranging between 569.40p and 579.40p, with a volume‑weighted average price of 574.38p. The company plans to hold these shares in treasury, bringing its treasury holding to 52,893,686 shares and leaving 1,258,581,635 ordinary shares in issue, a move that marginally reduces the free float and can enhance earnings per share over time while underlining management’s ongoing use of buybacks as a tool for capital return and balance-sheet optimisation.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £600.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has continued its share buyback activity, purchasing 157,642 ordinary shares on 19 December 2025 via Investec Bank at prices ranging between 561p and 580p, with a volume-weighted average price of 573.649p. The shares will be held in treasury, bringing Melrose’s treasury stock to 52,737,067 shares and leaving 1,258,738,254 ordinary shares in issue excluding treasury, a move that marginally reduces the free float and can enhance earnings per share over time while signalling ongoing management confidence and disciplined capital returns to investors.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £600.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC continued its share buyback activity with the repurchase of 163,458 ordinary shares on 18 December 2025, executed through Investec Bank at prices between 548.00p and 567.40p, with a volume-weighted average price of 554.4555p. The shares will be held in treasury, bringing Melrose’s treasury holding to 52,579,425 shares and leaving 1,258,895,896 shares in issue excluding treasury, a move that effectively reduces the free float and can enhance earnings per share and capital-return credentials for remaining shareholders.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £600.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC announced the repurchase of 163,678 ordinary shares for treasury, as part of its ongoing buyback program. This move underscores Melrose’s strategy to optimize shareholder returns and manage capital efficiently, reflecting its commitment to creating value for stakeholders and maintaining strong market positioning.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £600.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC announced the repurchase of 161,080 of its ordinary shares through Investec Bank plc, with prices ranging from 548.20 to 557.60 pence per share. This transaction is part of a buyback program, and the shares will be held in treasury, which may impact the company’s share liquidity and shareholder value.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £600.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has announced the purchase of 161,080 of its ordinary shares at a weighted average price of 551.8426 pence per share through Investec Bank plc. These shares will be held in treasury, increasing the total number of treasury shares to 52,252,289, with 1,259,223,032 shares remaining in issue. This buyback is part of Melrose’s ongoing strategy to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £600.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has announced a share buyback, purchasing 161,265 of its ordinary shares at an average price of 559.2398 pence per share. The shares will be held in treasury, increasing the total treasury shares to 52,091,209, with 1,259,384,112 shares remaining in issue. This move is part of Melrose’s ongoing buyback program, which may impact the company’s stock value and shareholder equity.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £587.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has executed a share buyback program, purchasing 161,174 of its ordinary shares through Investec Bank plc. The shares were bought at prices ranging from 559.00 to 568.00 pence and will be held in treasury, leaving the company with 51,929,944 shares in treasury and 1,259,545,377 shares in issue. This transaction is part of Melrose’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £587.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has announced the repurchase of 158,990 of its ordinary shares through Investec Bank plc, with the shares intended to be held in treasury. This transaction is part of the company’s ongoing buyback program, reflecting a strategic move to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £587.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has executed a share buyback, purchasing 157,178 of its ordinary shares at prices ranging from 566.60 pence to 572.80 pence, with a weighted average price of 570.2666 pence. These shares will be held in treasury, and this transaction is part of the company’s strategy to optimize its capital structure, potentially enhancing shareholder value.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £587.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has announced a share buyback, purchasing 152,537 of its ordinary shares through Investec Bank plc at a weighted average price of 579.0731 pence per share. The company plans to hold these shares in treasury, which now totals 51,452,602 shares, while the total number of shares in issue remains at 1,260,022,719. This transaction is part of Melrose’s ongoing buyback programme, indicating a strategic move to manage its capital structure effectively.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £587.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has announced the repurchase of 154,374 of its ordinary shares through Investec Bank plc, with the shares to be held in treasury. This transaction is part of the company’s ongoing buyback program, reflecting its strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £587.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has announced the repurchase of 152,802 of its ordinary shares through Investec Bank plc, with the intention to hold these shares in treasury. This transaction is part of the company’s ongoing buyback program, which aims to manage its capital structure and return value to shareholders. The shares were bought at prices ranging from 583.20 pence to 602.00 pence, with a weighted average price of 596.2184 pence.
The most recent analyst rating on (GB:MRO) stock is a Hold with a £587.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has announced the repurchase of 158,342 of its ordinary shares at prices ranging from 573.20 to 584.40 pence per share, with an average price of 580.4604 pence. These shares will be held in treasury, bringing the total number of treasury shares to 50,992,889, while the total shares in issue remain at 1,260,482,432. This buyback is part of Melrose’s ongoing strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:MRO) stock is a Buy with a £800.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC announced the repurchase of 159,450 of its ordinary shares through Investec Bank plc, with prices ranging from 568.60 to 574.80 pence per share. This buyback is part of the company’s ongoing strategy to manage its capital structure and enhance shareholder value, with the purchased shares being held in treasury.
The most recent analyst rating on (GB:MRO) stock is a Buy with a £800.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has announced the repurchase of 159,618 of its ordinary shares at prices ranging from 560.60 to 570.00 pence per share, with a weighted average price of 566.7089 pence. These shares will be held in treasury, increasing the total number of treasury shares to 50,675,097, while the total number of shares in issue remains at 1,260,800,224. This transaction is part of Melrose’s ongoing buyback program, which aims to optimize capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:MRO) stock is a Buy with a £800.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.
Melrose Industries PLC has executed a share buyback program, purchasing 151,775 of its ordinary shares through Investec Bank plc at prices ranging from 557.40 to 590.60 pence per share. The company plans to hold these shares in treasury, which now totals 50,515,479 shares, while the total number of shares in issue stands at 1,260,959,842. This move is part of Melrose’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:MRO) stock is a Buy with a £800.00 price target. To see the full list of analyst forecasts on Melrose stock, see the GB:MRO Stock Forecast page.