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Tate & Lyle ( (GB:TATE) ) has provided an update.
Tate & Lyle PLC announced the repurchase of 151,202 of its ordinary shares as part of its ongoing share buyback programme. The shares were acquired at a volume-weighted average price of £6.48 each and will be held in treasury, impacting the total number of shares in circulation and potentially enhancing shareholder value.
More about Tate & Lyle
Tate & Lyle PLC is a global provider in the food and beverage industry, specializing in ingredients and solutions that enhance the taste, texture, and nutritional value of products. The company focuses on providing innovative solutions to meet the evolving needs of consumers and manufacturers.
YTD Price Performance: 0.77%
Average Trading Volume: 1,487,862
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.88B
See more insights into TATE stock on TipRanks’ Stock Analysis page.