Associated British Foods ( (GB:ABF) ) has shared an update.
Associated British Foods PLC announced the repurchase of 18,684 ordinary shares from Barclays Capital Securities Limited as part of its share buyback program. The transaction, conducted on the London Stock Exchange, is part of the company’s strategy to enhance shareholder value by reducing the number of shares in circulation.
More about Associated British Foods
Associated British Foods PLC operates in the food processing and retail industries, offering a diverse range of products including sugar, agriculture, grocery, and ingredients. The company is also known for its retail division, Primark, which focuses on affordable fashion.
YTD Price Performance: -5.68%
Average Trading Volume: 1,347,331
Technical Sentiment Signal: Buy
Current Market Cap: £13.77B
For detailed information about ABF stock, go to TipRanks’ Stock Analysis page.