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Associated British Foods ( (GB:ABF) ) just unveiled an announcement.
On December 20, 2024, Associated British Foods plc announced a repurchase of 328,347 ordinary shares from UBS AG London Branch at an average price of 2051.3901 GBp per share, as part of its ongoing share buyback program. This strategic move is targeted at enhancing shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and asserting a positive market positioning for the company.
More about Associated British Foods
Associated British Foods plc is a diversified international food, ingredients, and retail group, operating in various sectors including food production and retail. The company is known for its sugar, agriculture, grocery, and ingredients businesses, and owns the popular retail brand Primark. They focus on delivering quality products across these industries while maintaining a strong market presence.
YTD Price Performance: -9.65%
Average Trading Volume: 1,174,334
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £14.99B
For an in-depth examination of ABF stock, go to TipRanks’ Stock Analysis page.
