Tate & Lyle (GB:TATE) has released an update.
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Tate & Lyle has repurchased 188,676 of its own shares as part of a share buyback program, aimed at consolidating its market position. The shares were bought at an average price of £7.60 and will be held in treasury, contributing to a total of over 22 million treasury shares. This move is part of the company’s strategic financial management to enhance shareholder value.
For further insights into GB:TATE stock, check out TipRanks’ Stock Analysis page.
