Greencore (GB:GNC) has released an update.
Greencore Group PLC has continued its share buyback initiative, purchasing 494,992 ordinary shares for cancellation on June 26, 2024, as part of its £30 million program announced the previous month. The shares were acquired through the London Stock Exchange at a volume-weighted average price of £1.6589, with prices ranging between £1.6521 and £1.6629 per share. To date, Greencore has bought back 5.264 million shares under this scheme, aiming to reduce its share capital and potentially increase the value of remaining shares.
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