Associated British Foods (GB:ABF) has released an update.
Associated British Foods has repurchased 138,000 of its ordinary shares at an average price of 2,230.49 pence, as part of its ongoing share buyback program. The shares, acquired from UBS AG London Branch, will be cancelled, potentially increasing the value of remaining shares and appealing to investors. This move demonstrates the company’s commitment to enhancing shareholder value.
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