Bunzl plc (GB:BNZL) has released an update.
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Bunzl plc has repurchased 174,290 of its ordinary shares on the London Stock Exchange as part of its ongoing buyback program, with prices ranging between £34.32 and £34.56 per share. The company plans to cancel these shares, resulting in a total of 334,631,116 shares in issue. This strategic action is part of Bunzl’s efforts to manage its capital structure effectively.
For further insights into GB:BNZL stock, check out TipRanks’ Stock Analysis page.
