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Associated British Foods ( (GB:ABF) ) has issued an announcement.
Associated British Foods plc announced the purchase and cancellation of 451,627 of its ordinary shares as part of its share repurchase program, authorized by shareholders and executed through UBS AG London Branch. The transaction, conducted on the London Stock Exchange, reflects a strategic move to manage the company’s capital structure, potentially enhancing shareholder value and indicating confidence in the company’s financial health.
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, ingredients, and retail. The company is known for its ownership of brands like Twinings, Silver Spoon, and Primark, with a market focus on both consumer goods and retail sectors.
YTD Price Performance: 0.54%
Average Trading Volume: 1,128,157
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £14.94B
See more data about ABF stock on TipRanks’ Stock Analysis page.
