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Glanbia ( (GLAPF) ) has provided an update.
Glanbia plc has repurchased 28,111 of its ordinary shares on Euronext Dublin at a volume-weighted average price of €17.0601 per share, with prices ranging between €16.95 and €17.09. The company plans to cancel these shares, reducing its shares in issue to 243,504,943.
This transaction forms part of Glanbia’s previously announced share buyback programme of up to €50 million, scheduled to run until 30 September 2026. The move underscores Glanbia’s ongoing capital-management strategy and may signal confidence in its valuation while incrementally enhancing earnings per share for remaining investors.
More about Glanbia
Glanbia plc, branded as the Better Nutrition company, operates in the global food and nutrition sector with a focus on value-added dairy, performance nutrition and related nutritional products. The group targets health-conscious consumers and professional nutrition markets through branded and ingredient-based offerings across multiple international geographies.
For detailed information about GLAPF stock, go to TipRanks’ Stock Analysis page.