Associated British Foods ( (GB:ABF) ) has shared an update.
Associated British Foods plc announced the repurchase and cancellation of 298,831 of its ordinary shares as part of its share buyback program. This transaction, executed through Barclays Capital Securities Limited, reflects the company’s ongoing efforts to manage its capital structure and potentially enhance shareholder value.
More about Associated British Foods
Associated British Foods plc is a diversified international food, ingredients, and retail group. The company operates in various sectors including grocery, sugar, agriculture, and ingredients, with a significant presence in the retail market through its Primark brand.
YTD Price Performance: -6.46%
Average Trading Volume: 1,373,666
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £13.83B
See more data about ABF stock on TipRanks’ Stock Analysis page.