Glanbia Launches €50 Million Share Buyback Initiative

Glanbia (GLAPF) has released an update.

Glanbia has initiated a share buyback program, purchasing 40,000 of its ordinary shares on Euronext Dublin, all at a price of €14.25 each. This move is part of Glanbia’s plan to repurchase shares worth up to €50 million by December 2024, which could potentially boost shareholder value and market confidence. Following this transaction, the company will have 259,653,959 shares remaining in circulation.

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