The latest update is out from Bunzl plc ( (GB:BNZL) ).
Bunzl plc announced the repurchase of 200,000 of its ordinary shares at an average price of £30.4414 per share, as part of its ongoing share buyback program. This move, which follows shareholder approval, is aimed at optimizing the company’s capital structure and enhancing shareholder value, with the repurchased shares intended for cancellation, thereby reducing the total number of shares in circulation.
More about Bunzl plc
Bunzl plc operates in the distribution and outsourcing industry, providing a wide range of non-food consumable products and services. Its primary focus is on delivering essential items such as packaging, cleaning, and safety products to various sectors including healthcare, retail, and food service.
YTD Price Performance: -7.46%
Average Trading Volume: 798,048
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £9.94B
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