Bunzl’s Share Buyback Program Enhances Shareholder Value

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

Bunzl plc has repurchased 41,830 of its ordinary shares at an average price of £35.86 each, as part of its ongoing buyback program. The company intends to cancel these shares, which aligns with its strategy to optimize its capital structure and potentially enhance shareholder value. Following this transaction, Bunzl’s total shares in issue are 333,389,204, providing a clear view for stockholders on their voting rights.

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