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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.