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Associated British Foods ( (GB:ABF) ) has provided an update.
Associated British Foods has continued its shareholder return strategy by repurchasing 135,486 ordinary shares on 29 January 2026 under its ongoing buyback programme authorised by investors last year. The shares, bought from UBS AG’s London branch at an average price of 1,889.64 pence and sourced across multiple trading venues, will be cancelled, marginally reducing the company’s share count and potentially enhancing earnings per share for remaining investors.
The most recent analyst rating on (GB:ABF) stock is a Hold with a £2088.00 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 for its grocery brands, sugar and agriculture businesses, and the Primark value fashion chain, with its shares listed on the London Stock Exchange.
Average Trading Volume: 935,612
Technical Sentiment Signal: Sell
Current Market Cap: £13.44B
Learn more about ABF stock on TipRanks’ Stock Analysis page.