Bunzl plc ( (GB:BNZL) ) has provided an announcement.
Bunzl plc has repurchased 83,812 of its ordinary shares as part of a buyback program authorized by shareholders. The shares were bought at an average price of £29.8284 and will be canceled, reducing the total number of shares in issue to 328,766,461. This move is part of a broader strategy to enhance shareholder value and optimize the company’s capital structure.
More about Bunzl plc
Bunzl plc operates in the distribution and outsourcing industry, providing a wide range of products and services including packaging, cleaning and hygiene supplies, safety products, and other essential goods to various sectors such as healthcare, retail, and food service. The company focuses on delivering value through efficient supply chain management and tailored service offerings to its diverse customer base.
YTD Price Performance: -10.07%
Average Trading Volume: 816,232
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £9.68B
Learn more about BNZL stock on TipRanks’ Stock Analysis page.
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