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Bunzl plc ( (GB:BNZL) ) just unveiled an announcement.
Bunzl plc announced the repurchase of 206,000 ordinary shares on the London Stock Exchange, with plans to cancel them, as part of its share buyback program initiated in August 2024. This action eliminates treasury shares and adjusts the total voting rights, indicating strategic financial management aimed at optimizing shareholder value.
More about Bunzl plc
Bunzl plc operates in the distribution and outsourcing industry, providing a range of non-food consumable products. The company primarily focuses on delivering goods to customers in sectors like foodservice, healthcare, and retail across various markets.
YTD Price Performance: 14.03%
Average Trading Volume: 788,528
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £11.77B
For detailed information about BNZL stock, go to TipRanks’ Stock Analysis page.
