Greencore Advances Buyback with New Share Cancellation

Greencore (GB:GNC) has released an update.

Greencore Group PLC has continued its share buyback program by purchasing 71,279 of its own shares for cancellation on September 30, 2024, at an average price of £1.8350. This move is part of an ongoing effort under the company’s GBP 40 million share buyback initiative, which was first announced in May and later extended in August of the same year. To date, Greencore has bought back 19,671,438 shares, signaling a significant return of value to its shareholders.

For further insights into GB:GNC stock, check out TipRanks’ Stock Analysis page.