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Bunzl plc ( (GB:BNZL) ) has provided an announcement.
Bunzl plc announced the repurchase of 98,277 of its ordinary shares on the London Stock Exchange as part of its ongoing share buyback program. The shares, purchased at an average price of £35.6136, will be canceled, reducing the total number of shares in issue to 333,193,606. This move is part of Bunzl’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and stakeholder interests positively.
More about Bunzl plc
Bunzl plc is a global distribution and outsourcing company that specializes in providing a diverse range of products and services, including packaging, cleaning and hygiene supplies, safety and personal protection equipment, and healthcare consumables. The company primarily operates in the business-to-business sector, serving customers across various industries such as healthcare, foodservice, grocery, and retail.
YTD Price Performance: 15.11%
Average Trading Volume: 791,284
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £11.9B
For detailed information about BNZL stock, go to TipRanks’ Stock Analysis page.