Associated British Foods (GB:ABF) has released an update.
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Associated British Foods has repurchased 153,734 of its ordinary shares from UBS AG London Branch as part of a share buyback program. The shares, purchased at an average price of 2154.6599 pence, will be canceled, reflecting the company’s efforts to enhance shareholder value. This move could potentially influence the company’s stock performance on the London Stock Exchange.
For further insights into GB:ABF stock, check out TipRanks’ Stock Analysis page.
