Tate & Lyle (GB:TATE) has released an update.
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Tate & Lyle has repurchased 209,243 of its ordinary shares at an average price of £7.12 per share as part of its ongoing share buyback program. These shares are now held in treasury, with the company having a total of 27,814,511 shares in treasury and 448,909,710 shares outstanding. This move is part of Tate & Lyle’s strategy to manage capital effectively and enhance shareholder value.
For further insights into GB:TATE stock, check out TipRanks’ Stock Analysis page.
