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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 announcement.

Bunzl plc has announced the repurchase of 98,703 of its ordinary shares on the London Stock Exchange, as part of a buyback program initiated in March 2025. The company intends to cancel these shares, which will adjust the total number of voting rights to 326,245,720. This move is part of Bunzl’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:BNZL) stock is a Hold with a £31.00 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

Bunzl plc operates in the distribution and outsourcing industry, providing a wide range of products and services including packaging, cleaning and hygiene supplies, and personal protective equipment. The company focuses on delivering essential products to various market sectors such as food service, retail, and healthcare.

Average Trading Volume: 921,392

Technical Sentiment Signal: Hold

Current Market Cap: £8.38B

For detailed information about BNZL stock, go to TipRanks’ Stock Analysis page.

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