Melrose Industries Plc (GB:MRO) has released an update.
Melrose Industries Plc has announced the buyback of 364,024 ordinary shares on April 17, 2024, with prices ranging from 618.80 to 629.40 pence, averaging at 625.74 pence per share. The purchased shares will be held in treasury, and after the transaction, the company’s treasury holds 39,837,935 shares, with an overall 1,311,637,386 shares in issue. This move is part of the company’s share buyback program, executed through J.P. Morgan Securities plc on the London Stock Exchange.
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