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Glanbia ( (GLAPF) ) just unveiled an announcement.
Glanbia plc has repurchased 40,119 of its ordinary shares on Euronext Dublin at prices between €17.07 and €17.28 per share, at a volume-weighted average price of €17.1919. The company intends to cancel these shares, leaving 243,699,877 ordinary shares in issue following settlement.
This transaction forms part of Glanbia’s recently launched share buy-back programme of up to €50 million, scheduled to run until 30 September 2026. The move underscores ongoing capital management efforts aimed at enhancing shareholder value and signals continued confidence in the company’s financial position and market outlook.
More about Glanbia
Glanbia plc is a global nutrition company focused on “better nutrition” products, including performance and lifestyle nutrition brands and ingredients. Listed on Euronext Dublin, it targets health-conscious consumers and business customers, positioning itself within the broader food and nutrition sector with an emphasis on value creation for shareholders.
Learn more about GLAPF stock on TipRanks’ Stock Analysis page.