Associated British Foods ( (GB:ABF) ) just unveiled an update.
Associated British Foods PLC announced the repurchase and cancellation of 100,000 of its ordinary shares from Barclays Capital Securities Limited as part of its ongoing share repurchase program. This move, executed on the London Stock Exchange, reflects the company’s strategy to enhance shareholder value and optimize its capital structure.
More about Associated British Foods
Associated British Foods PLC operates in the food processing and retail sectors, offering products ranging from sugar and agriculture to grocery and ingredients. The company is also known for its retail division, Primark, which focuses on affordable fashion.
YTD Price Performance: -7.24%
Average Trading Volume: 1,415,466
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £13.7B
Find detailed analytics on ABF stock on TipRanks’ Stock Analysis page.