Bunzl plc ( (GB:BNZL) ) has shared an announcement.
Bunzl plc has executed a share buyback, purchasing 150,000 of its ordinary shares on the London Stock Exchange through UBS AG London Branch. The shares were bought at an average price of £30.6198 per share and will be canceled, leaving the company with 329,426,568 shares in issue. This move is part of Bunzl’s ongoing share buyback program, which has seen the company repurchase a total of 277,300 shares since its commencement. The buyback is likely aimed at consolidating shareholder value and optimizing the company’s capital structure.
More about Bunzl plc
YTD Price Performance: 2.18%
Average Trading Volume: 768,662
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £11.03B
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