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Bunzl Announces Share Buyback and Cancellation
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Bunzl Announces Share Buyback and Cancellation

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The latest update is out from Bunzl plc ( (GB:BNZL) ).

Bunzl plc, a global distribution and outsourcing company, has announced the repurchase of 247,000 of its own ordinary shares through UBS AG London Branch on the London Stock Exchange, as part of the authority granted at its Annual General Meeting. The purchased shares, bought at an average price of £32.6091, will be cancelled, reducing the total number of voting rights to 331,889,024, which shareholders can use as a denominator for interest notifications under FCA’s Disclosure Guidance and Transparency Rules. Since its buyback program began, Bunzl has repurchased a total of 6,510,926 shares.

More about Bunzl plc

YTD Price Performance: 4.73%

Average Trading Volume: 835,558

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £10.78B

Find detailed analytics on BNZL stock on TipRanks’ Stock Analysis page.

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