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Associated British Foods Buys Back and Cancels 79,504 Shares Under Ongoing Programme

Story Highlights
  • Associated British Foods repurchased 79,504 ordinary shares on 21 January 2026.
  • The company will cancel these shares, slightly reducing share capital and returning value to investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Associated British Foods Buys Back and Cancels 79,504 Shares Under Ongoing Programme

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

Associated British Foods has continued its ongoing share repurchase programme, buying 79,504 ordinary shares on 21 January 2026 at an average price of 1,857.54 pence per share through UBS AG London Branch across multiple trading venues. The company plans to cancel the repurchased shares, modestly reducing its share capital and signalling continued efforts to return capital to shareholders and manage its balance sheet within the authority previously granted by investors.

The most recent analyst rating on (GB:ABF) stock is a Hold with a £2041.00 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 consumer food brands, sugar and ingredients operations, and its Primark value fashion retail chain, with a primary listing on the London Stock Exchange.

Average Trading Volume: 900,027

Technical Sentiment Signal: Sell

Current Market Cap: £13.12B

Learn more about ABF stock on TipRanks’ Stock Analysis page.

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