Tate & Lyle (GB:TATE) has released an update.
Tate & Lyle PLC has actively executed its share buyback program, purchasing 361,781 of its own shares on July 5, 2024, with prices ranging from £6.09 to £6.17 per share. These repurchased shares will be held as treasury stock, and after this transaction, the company has over 3.6 million treasury shares and nearly 398.1 million shares in issue. The share buyback is part of a strategy announced previously on June 20, 2024, indicating the company’s ongoing efforts to manage its capital.
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