Bunzl plc (GB:BNZL) has released an update.
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Bunzl plc has announced the repurchase of 42,956 ordinary shares as part of its ongoing share buyback program, with shares bought at an average price of £34.919 per share. The company plans to cancel these shares, which follows a cumulative repurchase of 4,267,905 shares since the program’s start. This move leaves Bunzl with 334,099,266 shares in circulation, aiming to optimize shareholder value.
For further insights into GB:BNZL stock, check out TipRanks’ Stock Analysis page.
