Associated British Foods Buys Back and Cancels 148,213 Shares

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

Associated British Foods has repurchased 148,213 of its ordinary shares on 28 January 2026 under its ongoing share buyback programme, paying an average price of 1,913.07 pence per share, with trades executed across the London Stock Exchange and multiple alternative trading venues via UBS AG London Branch. The company plans to cancel the repurchased stock, a move that will modestly reduce its share count and can enhance earnings per share and capital returns for investors, underlining continued balance-sheet strength and active capital management.

The most recent analyst rating on (GB:ABF) stock is a Hold with a £2084.00 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 retail for its Primark clothing chain and in food for its sugar, grocery, and ingredients businesses, with listings and share trading focused on the London Stock Exchange.

Average Trading Volume: 929,550

Technical Sentiment Signal: Sell

Current Market Cap: £13.29B

Find detailed analytics on ABF stock on TipRanks’ Stock Analysis page.