Bunzl plc ( (GB:BNZL) ) has issued an announcement.
Bunzl plc announced the repurchase of 127,300 of its ordinary shares on the London Stock Exchange, as part of a buyback program authorized by shareholders. The shares were purchased at an average price of £31.4081 per share and will be canceled, impacting the total number of voting rights in the company, which now stands at 329,576,568. This move is part of Bunzl’s strategy to manage its capital structure and potentially enhance shareholder value.
More about Bunzl plc
Bunzl plc operates in the distribution and outsourcing industry, providing a wide range of products including cleaning and hygiene supplies, personal protective equipment, and packaging solutions. The company focuses on serving markets such as foodservice, grocery, and healthcare sectors.
YTD Price Performance: 2.18%
Average Trading Volume: 768,662
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £11.03B
For an in-depth examination of BNZL stock, go to TipRanks’ Stock Analysis page.
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