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Associated British Foods ( (GB:ABF) ) just unveiled an update.
Associated British Foods plc announced the repurchase of 450,711 of its ordinary shares, which were bought back at an average price of 2112.9187 pence per share. This transaction, executed as part of the company’s ongoing share repurchase programme, will see the shares cancelled, potentially impacting shareholder value by reinforcing the company’s commitment to returning capital to shareholders.
More about Associated British Foods
Associated British Foods plc operates in the food processing and retail industry, focusing on diverse segments including sugar, agriculture, ingredients, and retail. It is known for its wide range of products and services, catering to a global market.
YTD Price Performance: -5.86%
Average Trading Volume: 1,139,732
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £15.65B
See more insights into ABF stock on TipRanks’ Stock Analysis page.
