Bunzl plc ( (GB:BNZL) ) just unveiled an update.
Bunzl plc announced the repurchase of 147,319 of its ordinary shares, with plans to cancel them, as part of its ongoing share buyback program. This transaction, executed through UBS AG London Branch, reflects Bunzl’s strategy to manage its capital structure and enhance shareholder value, with the company having repurchased a total of 820,692 shares since the program’s commencement.
More about Bunzl plc
Bunzl plc operates in the distribution and outsourcing services industry, providing a range of products including cleaning and hygiene supplies, food packaging, and safety equipment. The company focuses on delivering essential products to various sectors such as healthcare, retail, and foodservice.
YTD Price Performance: -6.67%
Average Trading Volume: 818,224
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £10.05B
For a thorough assessment of BNZL stock, go to TipRanks’ Stock Analysis page.
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