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An update from Bunzl plc ( (GB:BNZL) ) is now available.
Bunzl plc has announced the repurchase of 5,144 of its ordinary shares at an average price of 3,417.2131 pence each, as part of its £200 million share buyback program with UBS AG London Branch. This transaction, which occurred on the London Stock Exchange, will not only reduce the number of shares in circulation but also potentially enhance shareholder value. Following this purchase, Bunzl has no shares held in treasury, with a total of 330,237,886 shares in issue, impacting the voting rights and interests of shareholders.
More about Bunzl plc
Bunzl plc operates in the distribution and outsourcing sector, providing a range of products and services, including packaging, cleaning and hygiene supplies, and safety and healthcare products. The company serves various markets across the globe, focusing on delivering essential items to businesses in sectors such as retail, healthcare, and food service.
YTD Price Performance: 4.31%
Average Trading Volume: 775,919
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £11.24B
See more data about BNZL stock on TipRanks’ Stock Analysis page.