Bunzl plc Completes Share Buyback and Cancellation
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Bunzl plc Completes Share Buyback and Cancellation

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

Bunzl plc has actively executed a share repurchase program, buying back 15,192 ordinary shares at prices ranging from £36.22 to £36.38, resulting in an average purchase price of £36.2840 per share. The company has decided to cancel the acquired shares, which leaves Bunzl with 338,215,828 ordinary shares in issue, thereby also setting the new total number of voting rights. This move is part of a larger buyback initiative with UBS AG London Branch that commenced on 27 August 2024, with an aggregate of 108,091 shares repurchased to date.

For further insights into GB:BNZL stock, check out TipRanks’ Stock Analysis page.

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