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Bunzl plc ( (GB:BNZL) ) has shared an update.
Bunzl plc has completed a £250 million share buyback program, repurchasing 7,223,430 ordinary shares for cancellation, effectively reducing the total number of shares in issue to 331,176,520. This move is expected to enhance shareholder value by increasing earnings per share and demonstrates the company’s robust financial health and commitment to returning capital to shareholders.
More about Bunzl plc
Bunzl plc is a leading international distribution and services company operating across various sectors including grocery, foodservice, cleaning and hygiene, safety, and healthcare.
YTD Price Performance: 6.14%
Average Trading Volume: 829,533
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £10.91B
For a thorough assessment of BNZL stock, go to TipRanks’ Stock Analysis page.
