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Associated British Foods ( (GB:ABF) ) has provided an announcement.
Associated British Foods plc announced that it has repurchased and canceled 277,625 ordinary shares from UBS AG London Branch as part of its share repurchase program. This transaction, conducted on January 6, 2025, is part of a strategic move to manage the company’s share capital, potentially affecting shareholder value and market perception.
More about Associated British Foods
Associated British Foods plc operates in the food processing and retail industries, providing a range of products including sugar, ingredients, and grocery items. The company also owns and operates retail brands like Primark, focusing on both food production and retail market sectors.
YTD Price Performance: -0.29%
Average Trading Volume: 1,134,424
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £14.82B
Learn more about ABF stock on TipRanks’ Stock Analysis page.