Bunzl plc Enhances Shareholder Value with Buyback

Bunzl plc (GB:BNZL) has released an update.

Bunzl plc has repurchased 101,709 of its ordinary shares at an average price of £34.4118 per share, as part of its share buyback program. This move, conducted through UBS AG London Branch, results in the cancellation of the repurchased shares and leaves Bunzl with a total of 334,363,228 shares in issue. Investors may see this as a strategic effort to enhance shareholder value and manage the company’s capital structure.

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