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The latest announcement is out from Associated British Foods ( (GB:ABF) ).
Associated British Foods plc announced the repurchase and cancellation of 347,813 of its ordinary shares as part of its share repurchase program, which was initially announced on November 6, 2024. The shares were acquired from UBS AG London Branch at an average price of 2039.4301 pence per share, with transactions conducted on the London Stock Exchange. This strategic move is part of the company’s efforts to optimize its capital structure and potentially enhance shareholder value.
More about Associated British Foods
YTD Price Performance: -10.13%
Average Trading Volume: 1,143,207
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £14.88B
Find detailed analytics on ABF stock on TipRanks’ Stock Analysis page.