Associated British Foods ( (GB:ABF) ) has provided an announcement.
Associated British Foods PLC announced the repurchase and cancellation of 210,000 of its ordinary shares as part of its ongoing share repurchase program. The shares were acquired from Barclays Capital Securities Limited at an average price of 1933.5879 pence per share. This transaction is part of the company’s strategy to optimize 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, ingredients, and retail, with a focus on delivering quality products and services across these industries.
YTD Price Performance: -6.51%
Average Trading Volume: 1,302,881
Technical Sentiment Signal: Buy
Current Market Cap: £13.77B
See more insights into ABF stock on TipRanks’ Stock Analysis page.