tiprankstipranks
Company Announcements

Unilever Enhances Shareholder Value with Share Buy-Back

Story Highlights
  • Unilever PLC repurchased 430,000 shares as part of its buy-back program.
  • The share buy-back reflects Unilever’s strategy to manage capital and return value to shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Unilever Enhances Shareholder Value with Share Buy-Back

Unilever ( (GB:ULVR) ) has issued an update.

Unilever PLC announced the repurchase of 430,000 of its ordinary shares on the London Stock Exchange as part of its ongoing share buy-back program. The shares were acquired at a volume-weighted average price of GBP 45.7366, and this transaction reflects Unilever’s strategy to manage its capital structure and return value to shareholders.

More about Unilever

Unilever PLC is a multinational company operating in the consumer goods industry, known for its diverse range of products including food, beverages, cleaning agents, and personal care products. The company has a significant market presence and is focused on sustainability and innovation in its product offerings.

YTD Price Performance: 2.17%

Average Trading Volume: 3,838,466

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £115.9B

Find detailed analytics on ULVR stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App