Associated British Foods (GB:ABF) has released an update.
Associated British Foods plc has bought back 196,633 of its own shares for cancellation as part of its share repurchase program initiated in November 2023. The shares were acquired through Barclays Capital Securities Limited across various trading venues, including the London Stock Exchange, at prices ranging from GBp 2412 to GBp 2434. The company’s action is a part of its capital return to shareholders, reflecting confidence in its financial stability.
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