tiprankstipranks
Company Announcements

Unilever Executes Share Buy-Back to Enhance Shareholder Value

Story Highlights
Unilever Executes Share Buy-Back to Enhance Shareholder Value

Discover the Best Stocks and Maximize Your Portfolio:

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

Unilever PLC has executed a share buy-back transaction, repurchasing 1.2 million ordinary shares on the London Stock Exchange through Goldman Sachs International. This transaction is part of Unilever’s ongoing share buy-back program, enhancing shareholder value by reducing the number of outstanding shares and potentially boosting earnings per share. Following this transaction, Unilever holds over 45 million shares in treasury, with implications for the company’s capital structure and market positioning.

More about Unilever

Unilever PLC is a global company operating in the fast-moving consumer goods industry, offering a wide range of products in food, beverages, cleaning agents, and personal care. The company is known for its focus on sustainability and innovation, aiming to meet the evolving needs of consumers worldwide.

YTD Price Performance: -3.28%

Average Trading Volume: 3,551,099

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £111.1B

For detailed information about ULVR stock, go to TipRanks’ Stock Analysis page.

Related Articles
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
1