Associated British Foods ( (GB:ABF) ) has shared an update.
Associated British Foods plc announced the repurchase and cancellation of 97,945 of its ordinary shares from Barclays Capital Securities Limited as part of its share repurchase programme. The transaction, executed on the London Stock Exchange, involved an average price per share of GBp 1892.9122, with the highest and lowest prices being GBp 1901.5000 and GBp 1883.0000, respectively. This move is part of the company’s strategy to manage its capital structure and could impact its market positioning and shareholder value.
More about Associated British Foods
YTD Price Performance: -7.88%
Average Trading Volume: 1,270,715
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £13.37B
Learn more about ABF stock on TipRanks’ Stock Analysis page.