Associated British Foods (GB:ABF) has released an update.
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Associated British Foods has executed a share buyback, purchasing 151,192 of its ordinary shares from UBS AG at an average price of 2163.8027 pence per share. This move, part of a previously announced repurchase program, aims to cancel these shares, potentially impacting the company’s stock value by reducing the number of shares available in the market.
For further insights into GB:ABF stock, check out TipRanks’ Stock Analysis page.