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Associated British Foods Buys Back and Cancels 127,310 Shares Under Ongoing Programme

Story Highlights
  • Associated British Foods repurchased 127,310 ordinary shares on 16 January 2026 at an average price of about 1,859 pence.
  • The company will cancel the repurchased shares, modestly reducing its share count and reinforcing its ongoing capital-return strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Associated British Foods Buys Back and Cancels 127,310 Shares Under Ongoing Programme

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Associated British Foods ( (GB:ABF) ) just unveiled an announcement.

Associated British Foods has continued to execute its share repurchase programme authorised by shareholders, buying back 127,310 ordinary shares on 16 January 2026 at an average price of 1,859.48 pence per share through UBS AG London Branch across multiple UK and European trading venues. The company plans to cancel all of the repurchased shares, a move that will marginally reduce the share count and can enhance earnings per share, underlining its ongoing capital-return strategy and signalling confidence in its balance sheet and long-term prospects to investors.

The most recent analyst rating on (GB:ABF) stock is a Hold with a £2044.00 price target. To see the full list of analyst forecasts on Associated British Foods stock, see the GB:ABF Stock Forecast page.

Spark’s Take on GB:ABF Stock

According to Spark, TipRanks’ AI Analyst, GB:ABF is a Neutral.

Associated British Foods has a stable financial foundation with strong operational efficiency, but faces challenges in revenue growth and cash flow generation. The technical indicators show mixed signals, and the valuation is reasonable with a moderate dividend yield. The recent earnings call highlighted both strategic initiatives and ongoing challenges, particularly in the sugar segment and European markets. These factors collectively result in a moderate overall stock score.

To see Spark’s full report on GB:ABF stock, click here.

More about Associated British Foods

Associated British Foods is a diversified international food, ingredients and retail group, best known in public markets for its broad portfolio spanning grocery brands, sugar, agriculture, ingredients and the Primark retail chain, with its shares listed in London and widely held by institutional and retail investors.

Average Trading Volume: 872,188

Technical Sentiment Signal: Sell

Current Market Cap: £13.21B

For an in-depth examination of ABF stock, go to TipRanks’ Overview page.

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