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Associated British Foods Cancels 254,508 Shares in Ongoing Buyback Programme

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Associated British Foods Cancels 254,508 Shares in Ongoing Buyback Programme

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

Associated British Foods has repurchased 254,508 of its ordinary shares on 13 January 2026 under its ongoing share buyback programme, paying an average price of 1,850.19 pence per share, with trades executed across the London Stock Exchange, BATS Europe, Chi-X Europe and Aquis. The company intends to cancel the repurchased shares, a move that will modestly reduce its share count and can enhance earnings per share and capital returns for investors, signalling continued confidence in its financial position and long-term strategy.

The most recent analyst rating on (GB:ABF) stock is a Sell with a £1750.00 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, agriculture and ingredients businesses, as well as its Primark value fashion retail chain. The company operates across both developed and emerging markets, giving it broad exposure to consumer spending and commodity trends in the UK and globally.

Average Trading Volume: 837,140

Technical Sentiment Signal: Sell

Current Market Cap: £13.16B

See more insights into ABF stock on TipRanks’ Stock Analysis page.

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