Bunzl plc Director Acquires Shares Under Sharesave Scheme

Bunzl plc ( (GB:BNZL) ) just unveiled an announcement.

Bunzl plc announced that Diana Breeze, Director of Group Human Resources, acquired 398 ordinary shares at an option price of £22.56 per share. This transaction was executed following the exercise of options granted in April 2022 under the Bunzl plc Sharesave Scheme, and it took place on the London Stock Exchange. This acquisition reflects the company’s ongoing commitment to employee investment and engagement through its Sharesave Scheme, potentially enhancing stakeholder confidence in its human resources leadership and strategic direction.

Spark’s Take on GB:BNZL Stock

According to Spark, TipRanks’ AI Analyst, GB:BNZL is a Outperform.

Bunzl plc’s overall stock score of 71 reflects a solid financial foundation with strong cash flows and profitability. The company’s strategic acquisitions and shareholder initiatives support a positive long-term outlook, despite some technical challenges and increased leverage. Valuation metrics are reasonable, and recent corporate events further enhance the positive sentiment.

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 variety of products and services including packaging, cleaning and hygiene supplies, and personal protective equipment. The company focuses on delivering essential items to a range of sectors such as healthcare, foodservice, and retail.

Average Trading Volume: 1,185,697

Technical Sentiment Signal: Sell

Current Market Cap: £7.82B

For an in-depth examination of BNZL stock, go to TipRanks’ Stock Analysis page.