Bunzl plc ( (GB:BNZL) ) has issued an update.
Bunzl plc has announced the repurchase of 33,365 of its ordinary shares, as part of a share buyback program initiated on 3 March 2025. The shares were bought at an average price of £29.9709 per share and will be canceled, reducing the total number of shares in circulation to 328,263,106. This move is part of Bunzl’s strategy to enhance shareholder value and optimize its capital structure, reflecting its strong financial position and commitment to returning capital to shareholders.
More about Bunzl plc
Bunzl plc is a global distribution and outsourcing company that provides a wide range of products and services, including cleaning and hygiene supplies, personal protection equipment, and packaging solutions. The company primarily serves the foodservice, grocery, cleaning and safety, and retail sectors.
YTD Price Performance: -9.28%
Average Trading Volume: 836,842
Technical Sentiment Signal: Hold
Current Market Cap: £9.76B
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