Glanbia (GLAPF) has released an update.
Glanbia, a leading nutrition company, has repurchased 40,000 of its ordinary shares on Euronext Dublin as part of a €50 million share buyback program. The shares, bought at an average price of €15.4963, will be cancelled, reducing the total shares in circulation to 259,829,859. This strategic move aims to enhance shareholder value and optimize the company’s capital structure.
For further insights into GLAPF stock, check out TipRanks’ Stock Analysis page.