Associated British Foods (GB:ABF) has released an update.
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Associated British Foods plc has successfully completed a share repurchase on August 6, 2024, buying back 249,167 ordinary shares for cancellation, with prices ranging from GBp 2412 to GBp 2435 per share. The shares were acquired from Barclays Capital Securities Limited through the London Stock Exchange, as part of a buyback program initiated on November 9, 2023. This strategic move aims to reduce the company’s share capital and possibly increase the value of remaining shares.
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