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Glanbia Cancels New Tranche of Shares Under €50m Buyback Programme

Story Highlights
  • Glanbia bought and will cancel 29,579 shares in Dublin at an average €17.08, tightening its capital base.
  • The repurchase is part of Glanbia’s €50m buyback running to September 2026, reducing shares to about 243.5m.
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Glanbia Cancels New Tranche of Shares Under €50m Buyback Programme

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The latest update is out from Glanbia ( (GLAPF) ).

Glanbia plc has repurchased 29,579 of its ordinary shares on Euronext Dublin on 9 March 2026, paying a volume-weighted average price of €17.0764, with prices ranging between €16.97 and €17.14 per share. The company intends to cancel these shares as part of its ongoing capital management strategy.

The transaction forms part of Glanbia’s previously announced share buyback programme of up to €50 million running to 30 September 2026, aimed at reducing the number of shares in issue and potentially enhancing earnings per share. Following settlement and cancellation of this tranche, Glanbia will have 243,475,364 ordinary shares in issue, incrementally tightening its share base and signaling continued confidence in its valuation.

More about Glanbia

Glanbia plc, branded as the Better Nutrition company, operates in the nutrition and food sector, focusing on value-added dairy and nutritional products. The group is listed on Euronext Dublin and targets global markets for performance nutrition, ingredients, and related consumer products.

See more insights into GLAPF stock on TipRanks’ Stock Analysis page.

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