Bunzl plc (GB:BNZL) has released an update.
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Bunzl plc has repurchased 59,365 of its ordinary shares on the London Stock Exchange at an average price of £36.0241 per share, as part of its ongoing share buyback program. The company plans to cancel these shares, leaving it with a total of 335,790,117 shares in issue. This strategic move is expected to enhance shareholder value by reducing the overall number of shares in circulation.
For further insights into GB:BNZL stock, check out TipRanks’ Stock Analysis page.
