Melrose Industries Plc (GB:MRO) has released an update.
Melrose Industries Plc has reported the acquisition of 368,560 of its own ordinary shares on the London Stock Exchange, at prices ranging from 615.4 to 631.2 pence each, with the intention of holding these shares in treasury. Following this transaction, the company’s treasury now holds 42,036,331 shares, while the total number of shares in circulation (excluding those in treasury) stands at 1,309,438,990. The buyback was executed through J.P. Morgan Securities plc and is a part of the company’s ongoing share buyback programme.
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