Greencore (GB:GNC) has released an update.
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Greencore Group PLC has successfully completed a £40 million share buyback program, repurchasing over 22 million shares, which accounts for 4.78% of its issued share capital. The program, which commenced in May and extended in August 2024, aimed to enhance shareholder value by reducing the number of shares in circulation. This move is likely to interest investors as it reflects the company’s confidence in its financial health and future prospects.
For further insights into GB:GNC stock, check out TipRanks’ Stock Analysis page.
