Glanbia (GLAPF) has released an update.
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Glanbia has repurchased 40,000 of its ordinary shares on Euronext Dublin as part of its €50 million buy-back program. The shares were bought at an average price of €14.35 each and will be cancelled, reducing the company’s total shares in issue. This move reflects Glanbia’s strategy to enhance shareholder value by reducing the number of shares outstanding.
For further insights into GLAPF stock, check out TipRanks’ Stock Analysis page.
