Associated British Foods ( (GB:ABF) ) has shared an announcement.
Associated British Foods announced a share buyback transaction, purchasing 59,827 ordinary shares for cancellation as part of its ongoing share repurchase program. This move, executed through Barclays Capital Securities Limited, is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.
More about Associated British Foods
Associated British Foods is a diversified international food, ingredients, and retail group. The company operates in various sectors, including grocery, sugar, agriculture, ingredients, and retail, with a market focus on providing a wide range of products and services globally.
YTD Price Performance: -6.73%
Average Trading Volume: 1,242,233
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £13.74B
Find detailed analytics on ABF stock on TipRanks’ Stock Analysis page.