Associated British Foods Executes Share Buyback

Associated British Foods ( (GB:ABF) ) just unveiled an announcement.

Associated British Foods plc announced the repurchase and cancellation of 54,496 of its ordinary shares as part of its share repurchase program. This transaction, conducted through Barclays Capital Securities Limited, is part of the company’s ongoing efforts to manage its capital structure and potentially enhance shareholder value. The repurchase was executed on the London Stock Exchange and other trading venues, with the average price per share being GBp 1920.3843.

More about Associated British Foods

Associated British Foods plc is a diversified international food, ingredients, and retail group, operating in various sectors including grocery, sugar, agriculture, and ingredients. The company is known for its wide range of products and services, catering to both consumer and industrial markets worldwide.

YTD Price Performance: -6.19%

Average Trading Volume: 1,336,133

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £13.85B

For a thorough assessment of ABF stock, go to TipRanks’ Stock Analysis page.