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Greencore ( (GB:GNC) ) has shared an update.
Greencore Group PLC has executed a share buyback of 212,000 ordinary shares on the London Stock Exchange as part of its £10 million buyback program. This move, involving the purchase of shares at an average price of £1.9131, aims to enhance shareholder value and reflects the company’s commitment to optimizing its capital structure, potentially impacting its market position favorably.
More about Greencore
Greencore Group PLC is a food manufacturing company primarily focused on producing convenience foods. The company operates within the food industry, with a market focus on ready-to-eat meals, sandwiches, and salads, catering to consumers seeking quick and easy meal options.
YTD Price Performance: -1.14%
Average Trading Volume: 1,519,296
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £835.9M
Find detailed analytics on GNC stock on TipRanks’ Stock Analysis page.
