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Bunzl plc Announces Share Buyback and Cancellation

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Bunzl plc Announces Share Buyback and Cancellation

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Bunzl plc ( (GB:BNZL) ) has issued an update.

Bunzl plc announced the repurchase of 178,564 ordinary shares at an average price of £24.7533 per share on the London Stock Exchange, as part of a buyback program initiated in March 2025. The company intends to cancel these shares, impacting the total number of voting rights, which now stands at 327,331,607. This move is part of a broader strategy to manage capital and enhance shareholder value, having repurchased over 2.45 million shares since the program’s inception.

The most recent analyst rating on (GB:BNZL) stock is a Hold with a £2350.00 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 stock score reflects strong financial performance and strategic growth initiatives, particularly through acquisitions and dividend increases. While technical indicators suggest some caution, the company’s valuation remains attractive, and the positive earnings call outlook supports a stable investment case.

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

More about Bunzl plc

Bunzl plc operates in the distribution and outsourcing sector, providing a wide range of products including food packaging, cleaning and hygiene supplies, and personal protective equipment to various industries globally.

Average Trading Volume: 873,099

Technical Sentiment Signal: Hold

Current Market Cap: £8.16B

See more insights into BNZL stock on TipRanks’ Stock Analysis page.

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