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The latest announcement is out from Unilever ( (GB:ULVR) ).
Unilever PLC announced the repurchase of 751,196 ordinary shares on the London Stock Exchange, as part of its ongoing share buy-back programme. The repurchase was executed with Goldman Sachs International, and the shares will be held in treasury. This move reflects Unilever’s strategy to enhance shareholder value and manage its capital structure effectively, which could positively impact its market position and stakeholder confidence.
More about Unilever
Unilever PLC is a leading multinational corporation in the consumer goods industry, offering a wide range of products including food, beverages, cleaning agents, and personal care items. The company is focused on sustainability and operates in various markets worldwide, catering to diverse consumer needs.
YTD Price Performance: -3.23%
Average Trading Volume: 3,560,187
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £109.5B
For a thorough assessment of ULVR stock, go to TipRanks’ Stock Analysis page.
