Unilever ( (GB:ULVR) ) has issued an announcement.
Unilever PLC announced the repurchase of 50,000 of its ordinary shares on the London Stock Exchange as part of its ongoing share buy-back program. This strategic move, executed through Goldman Sachs International, reflects Unilever’s commitment to enhancing shareholder value and optimizing its capital structure. The shares were bought at a volume-weighted average price of GBP 43.9380, and the transaction increases the total number of shares held in treasury to 47,751,677. This action is likely to impact the company’s financial metrics positively, reinforcing its market position and signaling confidence in its future performance.
More about Unilever
Unilever PLC is a leading multinational company in the consumer goods industry, known for its wide range of products including food, beverages, cleaning agents, and personal care items. The company has a significant market presence globally, focusing on sustainable and innovative solutions to meet consumer needs.
YTD Price Performance: -1.43%
Average Trading Volume: 3,551,999
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £113B
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