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Glanbia ( (GLAPF) ) has provided an update.
Glanbia plc has repurchased 50,214 of its ordinary shares on Euronext Dublin on March 27, 2026, at a volume-weighted average price of €16.9172, with prices ranging between €16.85 and €17.00 per share. The company stated that these shares will be cancelled, reducing the number of ordinary shares in issue to 243,047,999.
The transaction forms part of Glanbia’s previously announced share buyback programme of up to €50 million running to September 30, 2026, executed via broker J&E Davy. The ongoing buyback is expected to enhance capital returns for shareholders and may support earnings per share and Glanbia’s equity valuation by lowering the overall share count over time.
More about Glanbia
Glanbia plc is a global nutrition company focused on “better nutrition,” producing and marketing nutritional ingredients and branded performance nutrition products. The group targets health-conscious consumers and food industry clients with value-added dairy and nutrition solutions across international markets, positioning itself within the broader health and wellness food sector.
Learn more about GLAPF stock on TipRanks’ Stock Analysis page.