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Associated British Foods Cancels 66,564 Shares Under Ongoing Buyback Programme

Story Highlights
  • Associated British Foods repurchased 66,564 ordinary shares on 22 January 2026.
  • The repurchased shares will be cancelled, marginally reducing share count and supporting shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Associated British Foods Cancels 66,564 Shares Under Ongoing Buyback Programme

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Associated British Foods ( (GB:ABF) ) just unveiled an announcement.

Associated British Foods has repurchased 66,564 of its ordinary shares on 22 January 2026 as part of its ongoing share buyback programme authorised by shareholders, paying an average price of 1,873.15 pence per share, with trades executed across the London Stock Exchange, BATS Europe, Chi-X Europe and Aquis. The company plans to cancel the shares, a move that will slightly reduce the overall share count and can be seen as a continued effort to return capital to shareholders and support earnings per share, underlining management’s confidence in the group’s financial position and long-term strategy.

The most recent analyst rating on (GB:ABF) stock is a Hold with a £2037.00 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 branded grocery products, sugar and agriculture businesses, and its Primark value fashion retail chain, with a primary listing on the London Stock Exchange.

Average Trading Volume: 911,911

Technical Sentiment Signal: Sell

Current Market Cap: £13.18B

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

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