Bunzl Completes £50 Million Share Buyback Program

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

Bunzl plc has completed a £50 million share buyback program, purchasing a total of 1,485,587 ordinary shares at an average price of 3,365.6727 pence per share. This move, finalized with the purchase of 23,377 shares on February 25, 2025, reflects the company’s strategy to enhance shareholder value by reducing the number of shares in circulation, thereby potentially increasing earnings per share and strengthening its market position.

More about Bunzl plc

Bunzl plc operates in the distribution and outsourcing industry, providing a range of products and services including packaging, cleaning and hygiene supplies, and personal protective equipment. The company focuses on delivering essential products to a variety of sectors such as healthcare, retail, and food service.

YTD Price Performance: 2.18%

Average Trading Volume: 728,047

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £11.03B

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