Bunzl plc Continues Share Buyback Program with Recent Repurchase

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Bunzl plc Continues Share Buyback Program with Recent Repurchase

Bunzl plc ( (GB:BNZL) ) just unveiled an update.

Bunzl plc has announced the repurchase of 33,207 of its ordinary shares on the London Stock Exchange, as part of its ongoing share buyback program. This transaction, executed through UBS AG London Branch, is in line with the authority granted by shareholders and aims to cancel the repurchased shares, impacting the total number of voting rights and potentially enhancing shareholder value.

More about Bunzl plc

Bunzl plc operates in the distribution and outsourcing industry, providing a range of products and services including packaging, cleaning and hygiene supplies, and safety equipment. The company primarily serves markets such as foodservice, grocery, and healthcare.

YTD Price Performance: -8.74%

Average Trading Volume: 840,263

Technical Sentiment Signal: Hold

Current Market Cap: £9.72B

Learn more about BNZL stock on TipRanks’ Stock Analysis page.

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