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The latest announcement is out from Glanbia ( (GLAPF) ).
Glanbia plc has repurchased 30,121 of its ordinary shares on Euronext Dublin at a volume-weighted average price of €17.4016, with prices ranging between €17.32 and €17.48. The company plans to cancel these shares, leaving 243,311,900 ordinary shares in issue after settlement and cancellation.
The transaction forms part of Glanbia’s existing share buyback programme of up to €50 million, scheduled to run until 30 September 2026. By continuing to retire equity through on-market purchases, Glanbia is returning capital to shareholders and potentially enhancing earnings per share, underscoring management’s confidence in the company’s valuation and long-term prospects.
More about Glanbia
Glanbia plc is a global nutrition and food ingredients group that positions itself as a “Better Nutrition” company. It focuses on producing and marketing nutritional products and ingredients, serving health-conscious consumers and customers in international markets through its listed ordinary shares on Euronext Dublin.
Learn more about GLAPF stock on TipRanks’ Stock Analysis page.