Bunzl plc (GB:BNZL) has released an update.
Bunzl plc has reported a record year for acquisitions, with over £650 million spent to date, and announced a substantial £250 million share buyback following strong H1 2024 financial results. Despite a slight decline in statutory revenue and earnings per share, adjusted operating profit and earnings per share showed growth at constant exchange rates. The company has also committed to a three-year capital allocation plan, emphasizing value-accretive acquisitions and returning capital to shareholders.
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