Glanbia (GLAPF) has released an update.
Glanbia has repurchased 13,000 of its ordinary shares on Euronext Dublin as part of a buy-back program aiming to reclaim up to €50 million worth of shares by December 2024. The shares bought were priced between €15.89 and €16.19, with an average price of €16.0015, and will be canceled following the transaction. This move indicates Glanbia’s commitment to enhancing shareholder value and optimizing its capital structure.
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