Greencore (GB:GNC) has released an update.
Greencore Group PLC continues its share buyback program, purchasing 530,868 shares for cancellation on June 25, 2024, at an average price of £1.6820 per share. This latest transaction is part of a larger £30 million buyback initiative that started on May 21, 2024, with the company having acquired a total of 4,769,013 shares to date. The buyback aims to reduce the company’s share capital, potentially increasing the value of remaining shares.
For further insights into GB:GNC stock, check out TipRanks’ Stock Analysis page.