Tate & Lyle (GB:TATE) has released an update.
Tate & Lyle PLC has actively executed its share buyback program, acquiring 238,397 of its ordinary shares at prices ranging from £6.48 to £6.59, averaging at £6.51. The purchased shares will be held in treasury, which, following this transaction, contains 8,296,228 shares, with the total issued shares (excluding treasury shares) at 393,416,063. This move is part of a strategic effort to manage the company’s capital and return value to its shareholders.
For further insights into GB:TATE stock, check out TipRanks’ Stock Analysis page.
