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Tate & Lyle ( (GB:TATE) ) has issued an update.
Tate & Lyle PLC announced the purchase of 176,790 of its ordinary shares as part of its ongoing share buyback program. This transaction is aimed at optimizing the company’s capital structure and returning value to shareholders. The repurchased shares will be held in treasury, leaving the company with 446,716,279 ordinary shares in issue, excluding treasury shares.
More about Tate & Lyle
YTD Price Performance: 2.53%
Average Trading Volume: 1,524,222
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £2.9B
See more insights into TATE stock on TipRanks’ Stock Analysis page.
