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An update from Bunzl plc ( (GB:BNZL) ) is now available.
Bunzl plc has completed its £250 million share buyback programme and announced an additional £200 million buyback initiative for 2025, beginning with a £50 million tranche. The buyback aims to reduce the company’s issued share capital and will be managed by UBS AG London Branch under strict regulatory frameworks, highlighting Bunzl’s strategic focus on optimizing its capital structure.
More about Bunzl plc
Bunzl plc operates in the distribution and outsourcing sector, supplying a range of non-food consumable products such as packaging and cleaning supplies to various markets, including retail, healthcare, and food service industries.
YTD Price Performance: 6.14%
Average Trading Volume: 829,533
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £10.91B
Find detailed analytics on BNZL stock on TipRanks’ Stock Analysis page.