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Bunzl plc ( (GB:BNZL) ) has provided an update.
Bunzl plc announced a recent purchase of 50,000 of its own shares on the London Stock Exchange, as part of its ongoing £200 million share buyback program. This transaction, facilitated by UBS AG London Branch, reflects Bunzl’s strategy to enhance shareholder value and optimize its capital structure by reducing the number of shares in circulation, which now stands at 331,023,020.
More about Bunzl plc
Bunzl plc is a specialist distribution and services company that operates in various sectors including foodservice, cleaning and hygiene, safety, and healthcare. The company focuses on providing a comprehensive range of non-food products and supply chain solutions across multiple markets globally.
YTD Price Performance: -0.91%
Average Trading Volume: 811,644
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £10.74B
For an in-depth examination of BNZL stock, go to TipRanks’ Stock Analysis page.
