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Unilever PLC Enhances Shareholder Value with Strategic Share Buy-Back

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Unilever PLC Enhances Shareholder Value with Strategic Share Buy-Back

Unilever ( (GB:ULVR) ) just unveiled an announcement.

Unilever PLC announced a purchase of 300,000 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 46.2494 and will be held in treasury. This move is part of Unilever’s strategy to manage its capital structure and return value to shareholders, potentially enhancing the company’s stock value and market position.

More about Unilever

Unilever PLC is a leading global company in the consumer goods industry, known for its diverse range of products including food, beverages, cleaning agents, and personal care items. The company focuses on sustainable living and operates in markets worldwide, aiming to meet the everyday needs of consumers with its trusted brands.

YTD Price Performance: -0.49%

Average Trading Volume: 3,698,584

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £113B

See more data about ULVR stock on TipRanks’ Stock Analysis page.

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