London, Feb 16, 2026, 09:54 GMT — Regular session
- Melrose shares rose about 3% in early London trade on Monday.
- The company disclosed it bought 145,434 shares in its latest buyback.
- Full-year results are due on Feb. 27.
Melrose Industries (MRON.L) shares rose about 3% in early London trade on Monday after the aerospace parts maker reported another tranche of share buybacks.
The update matters because it keeps the focus on cash returns just as investors start positioning for the company’s full-year results later this month. The market has been quick to reward companies that can fund buybacks without stretching balance sheets.
The backdrop is still jumpy. “Big sentiment swings will continue,” analysts led by Deutsche Bank strategist Jim Reid wrote in a note cited by Reuters. (Reuters)
Melrose was up 3.2% at 662.54 pence by 0938 GMT, according to prices shown on the company’s website, which are delayed by at least 15 minutes. (Melrose)
In a regulatory statement, Melrose said it bought 145,434 ordinary shares on Feb. 13 through Investec Bank, paying between 621.00 pence and 649.80 pence per share. The volume-weighted average price was 639.1698 pence, it said. (London South East)
The company said it would hold the shares in treasury, taking the total held to 57,827,084 shares, and leaving 1,253,648,237 shares in issue excluding treasury stock.
A buyback is when a company repurchases its own shares, shrinking the pool available to trade. In simple terms, it can lift earnings per share if profits hold up, but it does not change day-to-day trading conditions.
Melrose runs Engines and Structures divisions and sells aerospace components and systems to major original equipment makers across civil and defence programmes, according to its Reuters company profile. (Reuters)
The next big date is Feb. 27, when Melrose is scheduled to report full-year results, its financial calendar shows. Investors will be hunting for 2026 guidance and any change in the pace of capital returns. (Melrose)
Around the sector, Rolls-Royce was little changed on Monday, according to Investing.com data. (Investing)
BAE Systems was trading higher on the day, in line with the recent bid under defence names. (Investing)
But buybacks won’t do much for the share price if guidance disappoints or if programme timing and costs squeeze margins. Any stumble on cash flow would land awkwardly when investors are already sensitive to sudden shifts in sentiment.
