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Glanbia ( (GLAPF) ) has provided an update.
Glanbia plc has repurchased 53,808 of its ordinary shares on Euronext Dublin through broker J&E Davy, paying a volume‑weighted average price of €16.8109 within a price range of €16.26 to €17.31 per share. The company plans to cancel these shares as part of a share buyback programme of up to €50 million running until 30 September 2026, after which it will have 243,739,996 ordinary shares in issue, signaling continued active capital management and potential value return to shareholders.
The buyback programme, which formally commenced on 25 February 2026, underscores Glanbia’s confidence in its financial position and supports its longer‑term capital allocation strategy. Detailed trade information has been disclosed in line with EU Market Abuse Regulation requirements, offering transparency to investors and other market participants about the execution of the buyback transactions.
More about Glanbia
Glanbia plc, branded as the Better Nutrition company, operates in the food and nutrition industry, focusing on nutrition products and related ingredients. The group is listed on Euronext Dublin, where its ordinary shares are actively traded and subject to ongoing capital management initiatives.
Learn more about GLAPF stock on TipRanks’ Stock Analysis page.