Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
The latest announcement is out from Bunzl plc ( (GB:BNZL) ).
Bunzl plc has announced a recent purchase of 56,738 of its ordinary shares as part of its ongoing £200 million share buyback program. The shares were bought at an average price of 3,243.2854 pence each and are intended to be cancelled. This transaction leaves Bunzl with 330,913,206 ordinary shares in issue, impacting the total number of voting rights available to shareholders. This share buyback initiative reflects Bunzl’s strategy to enhance shareholder value, potentially strengthening its market position and signaling confidence in its financial health.
More about Bunzl plc
Bunzl plc operates in the distribution and outsourcing industry, primarily providing a range of non-food consumables, including packaging, cleaning and hygiene products. The company serves various sectors such as foodservice, grocery, and safety industries, focusing on delivering essential products and services to businesses across multiple markets.
YTD Price Performance: -1.15%
Average Trading Volume: 779,442
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £10.69B
For a thorough assessment of BNZL stock, go to TipRanks’ Stock Analysis page.
