Associated British Foods (GB:ABF) has released an update.
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Associated British Foods has executed a share buyback, purchasing 355,245 of its own shares at an average price of 2,223.8943 pence per share. This transaction, facilitated by UBS AG London Branch, is part of the company’s ongoing share repurchase program announced in November 2024. The repurchased shares are intended for cancellation, potentially boosting the stock’s value by reducing the overall share count.
For further insights into GB:ABF stock, check out TipRanks’ Stock Analysis page.