tiprankstipranks
Bunzl plc Announces Share Buyback and Cancellation
Company Announcements

Bunzl plc Announces Share Buyback and Cancellation

Bunzl plc (GB:BNZL) has released an update.

Pick the best stocks and maximize your portfolio:

Bunzl plc has repurchased 102,011 of its ordinary shares at an average price of £34.31 per share as part of its ongoing buyback program, totaling 4,884,711 shares repurchased since August 2024. These shares will be canceled, leaving the company with 333,482,479 shares in issue, which impacts the total number of voting rights available to shareholders. This move is part of Bunzl’s strategy to manage its capital structure effectively.

For further insights into GB:BNZL stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskBunzl Executes Strategic Share Buyback to Optimize Capital Structure
TipRanks UK Auto-Generated NewsdeskBunzl Announces Block Listing of New Shares for Employee Schemes
TipRanks UK Auto-Generated NewsdeskBunzl Enhances Shareholder Value with Strategic Buyback
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App