The latest announcement is out from Bunzl plc ( (GB:BNZL) ).
Bunzl plc has announced the repurchase of 83,000 of its ordinary shares on the London Stock Exchange, with plans to cancel these shares. This move is part of a broader share buyback program initiated in March 2025, which has seen the company repurchase a total of 1,931,671 shares. The cancellation of shares is expected to impact the total number of voting rights, now standing at 327,775,315, which shareholders can use as a reference for their interests under regulatory guidelines.
Spark’s Take on GB:BNZL Stock
According to Spark, TipRanks’ AI Analyst, GB:BNZL is a Outperform.
Bunzl plc shows robust financial performance with strong cash flow and effective margin management, though revenue growth is moderate. The company’s strategic acquisitions and share buybacks showcase confidence. While technical indicators suggest short-term weakness, the stock’s valuation is fair with a reasonable dividend yield. Earnings call insights highlight growth and strategic advancements but also acknowledge ongoing challenges like currency impacts and deflation.
To see Spark’s full report on GB:BNZL stock, click here.
More about Bunzl plc
YTD Price Performance: -10.74%
Average Trading Volume: 928,979
Technical Sentiment Signal: Buy
Current Market Cap: £9.33B
Learn more about BNZL stock on TipRanks’ Stock Analysis page.