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Tate & Lyle ( (GB:TATE) ) has issued an update.
Tate & Lyle PLC has executed a share buyback transaction, purchasing 177,944 of its ordinary shares from Merrill Lynch International. These repurchased shares, acquired at prices ranging between £7.03 and £7.13 each, are to be held in treasury, reflecting the company’s ongoing commitment to optimizing its capital structure and delivering value to shareholders.
More about Tate & Lyle
Tate & Lyle PLC operates in the food and beverage industry, specializing in the production and distribution of ingredients and solutions for food, beverage, and industrial markets.
YTD Price Performance: 10.17%
Average Trading Volume: 1,459,377
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £3.13B
Learn more about TATE stock on TipRanks’ Stock Analysis page.
