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Glanbia ( (GLAPF) ) just unveiled an announcement.
Glanbia plc has announced the initiation of a share buy-back program valued at up to €50 million, aimed at reducing the company’s share capital. The program, running until June 2025, is a strategic move to optimize the company’s capital structure and potentially enhance shareholder value. The buy-back will be executed by J&E Davy, operating independently, and complies with regulatory requirements, reflecting Glanbia’s commitment to adhering to market standards.
More about Glanbia
Glanbia plc is a company operating in the nutrition industry, focusing on better nutrition products. The company is engaged in producing and providing nutritional products and services, with a market focus on enhancing health and wellness through its diverse portfolio.
YTD Price Performance: -11.96%
Average Trading Volume: 921
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.73B
For an in-depth examination of GLAPF stock, go to TipRanks’ Stock Analysis page.