Associated British Foods Cancels Further Shares After Buyback on 26 January

An announcement from Associated British Foods ( (GB:ABF) ) is now available.

Associated British Foods has continued its share repurchase programme with the on-market buyback of 106,853 ordinary shares on 26 January 2026, at an average price of 1,886.42 pence per share, executed by UBS across multiple trading venues including the London Stock Exchange, BATS Europe, Chi-X Europe and Aquis. The company intends to cancel all of these shares, a move that marginally reduces the share count and underscores its ongoing capital return strategy, which may support earnings per share and signals management’s confidence in the group’s financial position.

The most recent analyst rating on (GB:ABF) stock is a Hold with a £2058.00 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 the consumer market for its Primark apparel chain alongside operations in sugar, grocery and agricultural products. Listed in London, it targets both UK and global markets through a mix of branded consumer goods, food ingredients and value-focused retail offerings.

Average Trading Volume: 915,597

Technical Sentiment Signal: Sell

Current Market Cap: £13.28B

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