Transaction in Own Shares

Summary by AI BETAClose X

Melrose Industries PLC has completed its £250 million share buyback programme, having purchased 45,105,889 ordinary shares for cancellation at an average price of 554.2513 pence per share. The company also announced the commencement of a new £175 million share buyback programme, effective April 1, 2026, which will initially be conducted by Bank of America Securities. In the period from March 27 to March 31, 2026, Melrose acquired a total of 195,438 shares through Investec Bank plc, with volume-weighted average prices ranging from 492.63p to 497.83p, and these shares will be held in treasury. Following these transactions, Melrose has 62,873,283 ordinary shares in treasury and 1,248,602,038 ordinary shares in issue.

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