Bunzl plc ( (GB:BNZL) ) has issued an announcement.
Bunzl plc has announced the repurchase of 33,877 of its ordinary shares on the London Stock Exchange, as part of its ongoing share buyback program. The shares were bought at an average price of £29.5179 and will be canceled, leaving the company with 328,477,347 shares in issue. This move is part of Bunzl’s strategy to optimize its capital structure and return value to shareholders.
More about Bunzl plc
Bunzl plc operates in the distribution and outsourcing industry, providing a range of products including cleaning and hygiene supplies, food packaging, and safety equipment. The company focuses on delivering essential products and services to various sectors such as healthcare, foodservice, and retail.
YTD Price Performance: -10.13%
Average Trading Volume: 806,388
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £9.61B
Learn more about BNZL stock on TipRanks’ Stock Analysis page.