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Bunzl plc Announces Share Transactions by European Managing Director

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Bunzl plc Announces Share Transactions by European Managing Director

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Bunzl plc ( (GB:BNZL) ) has shared an announcement.

Bunzl plc announced a transaction involving Alberto Grau, Managing Director for Continental Europe, who acquired shares through the Bunzl Deferred Annual Share Bonus Scheme. Grau exercised options granted in 2021 and 2022, acquiring a total of 9,991 shares and subsequently selling 4,390 shares to cover associated costs. This transaction highlights Bunzl’s ongoing commitment to aligning management incentives with shareholder interests, potentially impacting the company’s market perception and stakeholder confidence.

The most recent analyst rating on (GB:BNZL) stock is a Sell with a £2800.00 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 presents a strong financial profile with effective margin management and cash flow generation. The earnings call underscored strategic growth despite regional challenges, while corporate events indicated confidence in future prospects. However, technical analysis reflects some caution due to mixed market momentum.

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, personal protective equipment, and healthcare consumables. The company focuses on delivering essential products to various sectors such as foodservice, retail, and healthcare across numerous markets globally.

Average Trading Volume: 1,276,996

Technical Sentiment Signal: Sell

Current Market Cap: £7.64B

For a thorough assessment of BNZL stock, go to TipRanks’ Stock Analysis page.

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