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The latest update is out from Associated British Foods ( (GB:ABF) ).
Associated British Foods plc announced the repurchase and cancellation of 200,711 of its ordinary shares as part of its share repurchase program, with an average price of GBp 1976.5252 per share. This move is part of the company’s strategy to enhance shareholder value and optimize capital structure, reflecting confidence in its financial position and future prospects.
More about Associated British Foods
Associated British Foods plc is a diversified multinational company operating in the food processing and retail sectors. It produces a wide range of products including sugar, agriculture, grocery items, and ingredients, and it has a significant retail presence through its Primark stores.
YTD Price Performance: -4.31%
Average Trading Volume: 1,185,531
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £14.17B
See more insights into ABF stock on TipRanks’ Stock Analysis page.
