Bunzl plc ( (GB:BNZL) ) has provided an announcement.
Bunzl plc announced the purchase of 16,461 of its ordinary shares on the London Stock Exchange as part of its ongoing £200 million share buyback program. The shares were bought at an average price of 3,358.6601 pence each and are intended to be canceled, which will adjust the total number of voting rights in the company to 329,727,245. This move is part of Bunzl’s strategy to enhance shareholder value and optimize its capital structure.
More about Bunzl plc
Bunzl plc operates in the distribution and outsourcing industry, providing a range of products and services including packaging, cleaning and hygiene supplies, and safety products. The company primarily focuses on delivering essential business solutions across various sectors globally.
YTD Price Performance: 2.12%
Average Trading Volume: 757,252
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £11.03B
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