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Associated British Foods ( (GB:ABF) ) has provided an announcement.
On January 2, 2025, Associated British Foods announced the repurchase and cancellation of 120,112 of its ordinary shares from UBS AG London Branch, as part of its ongoing share repurchase program. This move, following shareholder authorization, aims to optimize the company’s capital structure and may enhance shareholder value by reducing the number of shares in circulation.
More about Associated British Foods
Associated British Foods plc operates in the food processing and retail sectors. It is known for its diverse portfolio, including grocery, sugar, agriculture, ingredients, and retail products. The company is a significant player in both the food production industry and retail markets, with a focus on delivering value through its various brands.
Average Trading Volume: 1,132,431
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £14.87B
For a thorough assessment of ABF stock, go to TipRanks’ Stock Analysis page.
