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Glanbia ( (GLAPF) ) has provided an announcement.
Glanbia plc has repurchased 12,938 of its ordinary shares on Euronext Dublin at a volume-weighted average price of €17.3086 per share, with prices ranging between €17.22 and €17.44. The company plans to cancel these shares, reducing the number of ordinary shares in issue to 242,534,313.
This transaction forms part of Glanbia’s ongoing share buyback programme of up to €50 million, which is scheduled to run until 30 September 2026. The continued execution of the programme underscores Glanbia’s capital allocation strategy and may enhance earnings per share and shareholder value by shrinking the equity base.
More about Glanbia
Glanbia plc is a global nutrition company focused on “better nutrition” products, including performance and lifestyle nutrition brands, as well as specialised ingredients. Listed on Euronext Dublin, it targets health-conscious consumers and business customers in the broader food and nutrition markets.
See more insights into GLAPF stock on TipRanks’ Stock Analysis page.