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Associated British Foods Announces Share Buyback Program

Associated British Foods Announces Share Buyback Program

Associated British Foods (GB:ABF) has released an update.

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Associated British Foods has repurchased 81,570 of its own shares at an average price of 2227.97 pence per share, as part of a share buyback program. The transactions, carried out through UBS AG London Branch, were conducted on the London Stock Exchange, BATS Europe, Chi-X Europe, and Aquis. This strategic move is aimed at reducing the company’s share capital by canceling the repurchased shares.

For further insights into GB:ABF stock, check out TipRanks’ Stock Analysis page.

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