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Bunzl CEO Acquires Shares Following Dividend Reinvestment

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Bunzl CEO Acquires Shares Following Dividend Reinvestment

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An update from Bunzl plc ( (GB:BNZL) ) is now available.

Bunzl plc announced a transaction involving its Chief Executive Officer for North America, James McCool, who acquired ordinary shares through a non-discretionary transaction. This acquisition followed the reinvestment of the company’s 2024 final dividend, with the transaction taking place on the London Stock Exchange. This move reflects the company’s ongoing commitment to aligning management interests with shareholder value, potentially strengthening its market position and stakeholder confidence.

The most recent analyst rating on (GB:BNZL) stock is a Buy with a £3500.00 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 Outperform.

Bunzl plc’s overall score reflects strong financial performance and strategic actions such as acquisitions and dividend increases, despite technical analysis showing neutral signals. The company’s balanced valuation and positive earnings outlook support a stable stock position.

To see Spark’s full report on GB:BNZL stock, click here.

More about Bunzl plc

Bunzl plc operates in the distribution and outsourcing industry, providing a wide range of products including packaging, cleaning and hygiene supplies, and personal protective equipment. The company primarily serves the food service, grocery, and retail sectors, focusing on delivering essential products to businesses worldwide.

Average Trading Volume: 1,206,553

Technical Sentiment Signal: Sell

Current Market Cap: £7.51B

Learn more about BNZL stock on TipRanks’ Stock Analysis page.

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