Bunzl plc ( (GB:BNZL) ) just unveiled an announcement.
Bunzl plc announced the repurchase of 32,995 of its ordinary shares on the London Stock Exchange, as part of its ongoing share buyback program. The shares were bought at an average price of £30.3022 per share, and the company intends to cancel these shares, impacting the total number of voting rights. This move is part of a broader strategy to optimize capital structure and return value to shareholders, with a total of 1,729,473 shares repurchased since the program’s inception.
More about Bunzl plc
Bunzl plc is a global distribution and outsourcing company that specializes in providing a wide range of products and services, including packaging, cleaning and hygiene supplies, personal protection equipment, and other essential goods to businesses across various sectors. The company operates in multiple markets, focusing on delivering value-added services to enhance operational efficiency for its clients.
YTD Price Performance: -7.95%
Average Trading Volume: 867,033
Technical Sentiment Signal: Buy
Current Market Cap: £9.59B
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