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Glanbia ( (GLAPF) ) has issued an announcement.
Glanbia plc has continued its share buyback activity, purchasing 18,416 ordinary shares on Euronext Dublin on April 9 at a volume-weighted average price of €17.5057 per share, with the shares to be cancelled. The transactions form part of the company’s previously announced programme to repurchase up to €50 million of its shares by September 30, 2026, leaving 242,851,048 ordinary shares in issue after settlement and cancellation, and signalling ongoing capital returns and balance sheet management.
The buyback, executed via broker J&E Davy, reflects Glanbia’s commitment to returning surplus capital to shareholders while potentially enhancing earnings per share. By steadily reducing the number of shares in circulation under the programme, the company underscores confidence in its financial position and long-term strategy in the nutrition sector.
More about Glanbia
Glanbia plc is a global better nutrition company operating in the food and nutrition sector, focused on dairy-based and performance nutrition products. The group targets both consumer and ingredient markets, supplying value-added nutrition solutions to brands, retailers and food manufacturers worldwide.
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