Tate & Lyle (GB:TATE) has released an update.
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Tate & Lyle has executed a share buyback, purchasing 306,623 of its ordinary shares through Merrill Lynch International. The shares were bought at an average price of £7.87 and will be held in treasury, contributing to the company’s ongoing capital management strategy. This move reflects Tate & Lyle’s confidence in its financial health and aims to enhance shareholder value.
For further insights into GB:TATE stock, check out TipRanks’ Stock Analysis page.
