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Greencore ( (GB:GNC) ) has issued an update.
Greencore Group PLC announced the repurchase and cancellation of 130,000 ordinary shares on 10 December 2024 as part of its £10 million share buyback program. This strategic move is aimed at enhancing shareholder value and optimizing the company’s capital structure, reflecting Greencore’s commitment to returning capital to shareholders.
More about Greencore
Greencore Group PLC operates in the food industry, primarily focusing on convenience food products. The company is known for its ready-to-eat meals, sandwiches, and salads, serving a diverse range of markets including retail and food service sectors.
YTD Price Performance: 116.69%
Average Trading Volume: 1,424,621
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £918.3M
For detailed information about GNC stock, go to TipRanks’ Stock Analysis page.
