Tate & Lyle (GB:TATE) has released an update.
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Tate & Lyle has repurchased 180,168 of its ordinary shares as part of its ongoing share buyback program, with prices ranging from £7.09 to £7.18 per share. The repurchased shares will be held in treasury, contributing to the company’s 27,994,679 shares currently in treasury. This move is part of Tate & Lyle’s strategy to enhance shareholder value and manage its capital structure effectively.
For further insights into GB:TATE stock, check out TipRanks’ Stock Analysis page.