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The latest announcement is out from Bunzl plc ( (GB:BNZL) ).
Bunzl plc has announced a recent transaction in which it repurchased 100,659 of its ordinary shares at prices ranging from £34.9800 to £35.4200, with an average price of £35.1986 per share. This buyback is part of a larger share buyback program initiated on 27 August 2024, through which the company has repurchased a total of 5,485,112 shares. The repurchased shares will be canceled, leaving Bunzl with 332,914,514 ordinary shares in issue. This move is intended to consolidate the company’s share capital and potentially enhance shareholder value by reducing the number of shares outstanding.
More about Bunzl plc
YTD Price Performance: 12.81%
Average Trading Volume: 793,245
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £11.64B
For an in-depth examination of BNZL stock, go to TipRanks’ Stock Analysis page.
