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Greencore ( (GB:GNC) ) has shared an announcement.
Greencore Group PLC has executed a share buyback transaction as part of its GBP 10 million share buyback program. On 31 December 2024, the company repurchased 164,500 ordinary shares from Shore Capital Stockbroker Limited for cancellation, at a volume weighted average price of £1.9475 per share. This action reflects Greencore’s ongoing commitment to return value to its shareholders by reducing the number of shares outstanding, potentially increasing the value of remaining shares.
More about Greencore
Greencore Group PLC operates in the food industry, primarily focusing on convenience foods. The company is engaged in the production of a variety of ready-to-eat meals and snacks, catering to the needs of consumers seeking quick and easy meal solutions.
Average Trading Volume: 1,550,598
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £843.1M
See more insights into GNC stock on TipRanks’ Stock Analysis page.
