tiprankstipranks
Advertisement
Advertisement

Glanbia Cancels Shares After Fresh Buyback on Euronext Dublin

Story Highlights
  • Glanbia repurchased and cancelled 35,299 shares on Euronext Dublin, trimming its ordinary share count to about 243.6 million.
  • The buyback is part of Glanbia’s €50 million capital return programme to September 2026, signaling confidence and potential EPS accretion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Glanbia Cancels Shares After Fresh Buyback on Euronext Dublin

Meet Samuel – Your Personal Investing Prophet

An announcement from Glanbia ( (GLAPF) ) is now available.

Glanbia plc has repurchased 35,299 of its ordinary shares on Euronext Dublin on March 4, 2026, at prices ranging between €17.03 and €17.26, with a volume-weighted average price of €17.192. The company said the repurchased shares, handled via broker J&E Davy, will be cancelled, reducing the number of ordinary shares in issue to 243,568,343.

The latest transaction forms part of Glanbia’s previously announced share buyback initiative of up to €50 million running to September 30, 2026, underscoring ongoing efforts to return capital to shareholders. The continued execution of this buyback programme may enhance earnings per share and signals management’s confidence in the company’s valuation and long-term prospects.

More about Glanbia

Glanbia plc, branded as the Better Nutrition company, operates in the nutrition and food ingredients industry, focusing on value-added dairy, performance nutrition and related products. The group is listed on Euronext Dublin and actively manages its capital structure through share buyback programmes and other shareholder-focused actions.

Find detailed analytics on GLAPF stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1