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The latest announcement is out from Bunzl plc ( (GB:BNZL) ).
Bunzl plc announced the repurchase of 159,254 of its ordinary shares on the London Stock Exchange, with plans to cancel these shares. This move is part of a larger buyback program initiated in March 2025, which has seen the company repurchase a total of 2,275,919 shares. The cancellation of shares is expected to impact the company’s capital structure by reducing the number of shares in circulation, potentially enhancing shareholder value and improving earnings per share.
The most recent analyst rating on (GB:BNZL) stock is a Buy with a £2602.00 price target. To see the full list of analyst forecasts on Bunzl plc stock, see the GB:BNZL Stock Forecast page.
Spark’s Take on GB:BNZL Stock
According to Spark, TipRanks’ AI Analyst, GB:BNZL is a Outperform.
Bunzl plc’s overall stock score reflects strong financial performance and strategic growth initiatives, particularly through acquisitions and dividend increases. While technical indicators suggest some caution, the company’s valuation remains attractive, and the positive earnings call outlook supports a stable investment case.
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 range of products including packaging, cleaning and hygiene supplies, safety products, and other essential items to various market sectors globally.
Average Trading Volume: 858,446
Technical Sentiment Signal: Sell
Current Market Cap: £7.77B
For detailed information about BNZL stock, go to TipRanks’ Stock Analysis page.