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An announcement from Bunzl plc ( (GB:BNZL) ) is now available.
Bunzl plc has announced the repurchase of 159,087 of its ordinary shares through UBS AG London Branch on the London Stock Exchange, following shareholder approval at the Annual General Meeting in April 2025. The shares were bought at an average price of £25.1435 and will be canceled, leaving the company with 326,857,348 shares in issue. This move is part of a broader buyback program initiated in March 2025, which has seen the company repurchase a total of 2,932,132 shares. The cancellation of shares is expected to impact the total number of voting rights, which will now be 326,857,348, potentially affecting shareholder voting power and interest notifications under FCA rules.
The most recent analyst rating on (GB:BNZL) stock is a Hold with a £2702.00 price target. To see the full list of analyst forecasts on Bunzl plc stock, see the GB:BNZL Stock Forecast page.
Spark’s Take on GB:BNZL Stock
According to Spark, TipRanks’ AI Analyst, GB:BNZL is a Neutral.
Bunzl plc’s overall stock score reflects its solid financial performance and moderate valuation. While the company shows strong operational efficiency and cash flow generation, technical indicators suggest potential resistance, and the earnings call highlights some operational challenges. The stock remains attractive for its dividend yield, but investors should monitor leverage and regional performance issues.
To see Spark’s full report on GB:BNZL stock, click here.
More about Bunzl plc
Average Trading Volume: 885,034
Technical Sentiment Signal: Hold
Current Market Cap: £8.14B
For a thorough assessment of BNZL stock, go to TipRanks’ Stock Analysis page.