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Glanbia ( (GLAPF) ) has provided an update.
Glanbia plc has announced the purchase of 55,222 of its own ordinary shares on Euronext Dublin, which will subsequently be cancelled as part of its ongoing Buy-Back Programme. This initiative, aimed at repurchasing shares worth up to €50 million by June 2025, reflects the company’s strategic move to consolidate its ownership structure and potentially enhance shareholder value.
More about Glanbia
Glanbia plc is a company operating in the better nutrition industry. It focuses on providing nutritional products and services, with a market emphasis on enhancing health and wellness through its offerings.
YTD Price Performance: 3.54%
Average Trading Volume: 476
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.88B
See more insights into GLAPF stock on TipRanks’ Stock Analysis page.
