Glanbia (GLAPF) has released an update.
Glanbia plc has embarked on a share buyback program, purchasing 20,000 of its ordinary shares on Euronext Dublin at an average price of €15.7125 each. This move is part of a broader initiative to repurchase shares worth up to €50 million by December 2024, demonstrating the company’s confidence in its value and commitment to enhancing shareholder returns. The shares acquired will be canceled, effectively reducing the overall number of shares in circulation.
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