Associated British Foods Cancels 137,379 Shares in Ongoing Buyback Programme

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

Associated British Foods has repurchased 137,379 of its ordinary shares on 23 January 2026 at an average price of 1,883.02 pence per share as part of its ongoing share buyback programme authorised by shareholders in November 2025. The shares, acquired via UBS across multiple trading venues including the London Stock Exchange, BATS Europe, Chi-X Europe and Aquis, will be cancelled, modestly reducing the company’s share count and potentially enhancing earnings per share and capital returns for investors.

The most recent analyst rating on (GB:ABF) stock is a Hold with a £2063.00 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 a primary listing on the London Stock Exchange.

Average Trading Volume: 911,809

Technical Sentiment Signal: Sell

Current Market Cap: £13.18B

See more data about ABF stock on TipRanks’ Stock Analysis page.