London, Feb 15, 2026, 14:28 GMT — Market closed.
- Melrose Industries shares last closed up 3.05% at 642.0 pence on Friday.
- A major-holdings filing showed Capital Group lifted its voting stake to 18.27%.
- The company disclosed a fresh tranche of share buybacks; full-year results are due Feb. 27.
Melrose Industries PLC shares ended Friday up 3.05% at 642.0 pence (£6.42), leaving the London-listed aerospace group on watchlists ahead of Monday’s open. The stock traded between 620.7 pence and 650.2 pence during the session, with volume at about 9.6 million shares. (Yahoo Finance)
The late-week pop came alongside two company disclosures that matter more than they look: one on share buybacks, the other on a big shareholder lifting its position. With full-year results pencilled in for Feb. 27, investors are hunting for clues on cash generation and the pace of capital returns. (Melrose)
Neither item changes the business overnight, but both can nudge supply and demand for the stock in the near term. Buybacks can add a steady bid. A large holder shifting its stake can tighten the free float — the shares readily available to trade — and make price swings sharper.
A TR-1 filing, a UK disclosure form for major shareholdings, showed The Capital Group Companies, Inc. raised its voting rights in Melrose to 18.273694% from 17.871331%, equivalent to 229,166,544 voting rights. The threshold was crossed on Feb. 11, the filing showed. (Investegate)
Separately, Melrose said it bought 144,084 shares on Feb. 12 through Investec Bank at prices ranging from 628.60 pence to 640.00 pence, with a volume-weighted average price of 636.3097 pence. The shares will be held in treasury, meaning they are retained by the company rather than immediately cancelled. (Investegate)
The stock’s move outpaced the broader FTSE 100, which was up 0.42% on Friday, leaving Melrose as one of the stronger blue-chip risers into the weekend. (Hargreaves Lansdown)
But the set-up cuts both ways. If the Feb. 27 results disappoint on cash flow or guidance, Friday’s bid could fade quickly, especially with the stock already seeing heavier turnover. Buybacks also depend on market conditions and company policy, and a large shareholder can reverse course as fast as it adds.
For the week ahead, traders will watch for any further buyback disclosures and more TR-1 filings, which can signal shifting demand for the shares before results. The next hard catalyst is Melrose’s full-year report on Feb. 27.
