Glanbia (GLAPF) has released an update.
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Glanbia has repurchased 40,000 of its ordinary shares on Euronext Dublin as part of its €50 million buy-back program. The shares were bought at an average price of €14.35 each and will be cancelled, reducing the company’s total shares in issue. This move reflects Glanbia’s strategy to enhance shareholder value by reducing the number of shares outstanding.
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