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Bunzl plc Announces Share Buyback and Cancellation
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Bunzl plc Announces Share Buyback and Cancellation

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The latest announcement is out from Bunzl plc ( (GB:BNZL) ).

Bunzl plc announced the repurchase of 48,000 ordinary shares, as part of its £200 million share buyback program initiated in December 2024. The shares were purchased at an average price of 3,305 pence per share and will be canceled, affecting the company’s voting rights and share count, thus potentially impacting shareholder interests and company valuation.

More about Bunzl plc

Bunzl plc operates in the distribution and outsourcing industry, primarily providing a wide range of non-food consumable products. The company focuses on supplying various sectors including healthcare, retail, and foodservice with essential products like cleaning and hygiene supplies, packaging, and safety equipment.

Average Trading Volume: 817,450

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £10.84B

Find detailed analytics on BNZL stock on TipRanks’ Stock Analysis page.

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