Bunzl Announces Share Buyback as Part of £200 Million Program

Bunzl plc ( (GB:BNZL) ) just unveiled an update.

Bunzl plc has executed a buyback of 53,980 ordinary shares as part of its £200 million share buyback program. This move, conducted through UBS AG London Branch on the London Stock Exchange, aims to cancel the repurchased shares, thus potentially enhancing shareholder value by reducing the number of shares in circulation and increasing the earnings per share.

More about Bunzl plc

Bunzl plc operates within the distribution and outsourcing sector, focusing on providing a wide range of products, including food packaging, cleaning and hygiene supplies, personal protection equipment, and healthcare consumables to various industries globally.

YTD Price Performance: -0.42%

Average Trading Volume: 774,528

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £10.79B

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