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The latest announcement is out from Greencore ( (GB:GNC) ).
Greencore Group plc has executed a share buyback transaction on 17 January 2025, acquiring 134,477 ordinary shares at a volume-weighted average price of £1.8193, as part of its £10 million share buyback programme announced in December 2024. This transaction is part of Greencore’s strategic financial management efforts, aiming to enhance shareholder value by reducing the number of outstanding shares, thereby potentially increasing earnings per share, with a total of 5,162,258 shares purchased to date.
More about Greencore
Greencore Group plc operates in the food industry, focusing on convenience foods production. It is known for supplying a wide range of chilled, frozen, and ambient foods to retailers and foodservice customers, primarily in the UK and Ireland.
YTD Price Performance: -3.93%
Average Trading Volume: 1,517,808
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £796.4M
For an in-depth examination of GNC stock, go to TipRanks’ Stock Analysis page.