Melrose Industries Plc (GB:MRO) has released an update.
Melrose Industries PLC has announced the purchase of 371,412 of its own shares for a weighted average price of 623.2588 pence each, with transactions conducted through J.P. Morgan Securities plc. The acquired shares are intended to be held in treasury, contributing to the company’s treasury holdings of 40,576,265 ordinary shares. This move is part of Melrose Industries’ ongoing share buyback programme.
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