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Glanbia ( (GLAPF) ) has issued an announcement.
Glanbia plc, the Better Nutrition company listed on Euronext Dublin, continued its active capital management strategy through the repurchase and cancellation of its own ordinary shares, reflecting its focus on shareholder returns and balance sheet optimisation. The move is part of a broader share buy-back programme of up to €50 million running to late September 2026, under which the company bought 15,722 shares on April 28 at a volume-weighted average price of €17.5734, leaving 242,481,595 shares in issue after cancellation.
By reducing the number of shares in circulation, Glanbia is effectively increasing earnings per share potential and signalling confidence in the company’s valuation and future prospects. The ongoing buy-back, executed via broker J&E Davy on Euronext Dublin, may support the share price and is likely to be viewed positively by investors seeking capital returns alongside any dividends, reinforcing Glanbia’s positioning as a disciplined steward of shareholder capital.
More about Glanbia
Glanbia plc is a global nutrition company focused on better nutrition products, including performance nutrition and ingredients, serving health-conscious consumers and food industry customers. The group is listed on Euronext Dublin and actively manages its capital structure through share repurchase programmes and share cancellations.
See more insights into GLAPF stock on TipRanks’ Stock Analysis page.