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Bunzl Announces Share Buyback and Cancellation

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Bunzl Announces Share Buyback and Cancellation

Bunzl plc ( (GB:BNZL) ) has issued an update.

Bunzl plc, a specialist distribution and services company, announced the repurchase of 50,395 of its ordinary shares on the London Stock Exchange, with plans to cancel these shares. This transaction is part of a larger buyback program initiated earlier in March 2025, which has seen the company repurchase a total of 1,310,470 shares. The buyback is expected to impact the company’s share capital structure by reducing the number of shares in circulation, potentially enhancing shareholder value.

More about Bunzl plc

YTD Price Performance: -10.07%

Average Trading Volume: 784,918

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £9.75B

For detailed information about BNZL stock, go to TipRanks’ Stock Analysis page.

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