Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Greencore ( (GB:GNC) ) has shared an update.
Greencore Group plc announced the acquisition and cancellation of 204,213 ordinary shares as part of its ongoing £10 million share buyback programme. This move is expected to consolidate the company’s market position by reducing the number of shares in circulation, potentially benefiting shareholders by increasing the value of remaining shares.
More about Greencore
Greencore Group plc operates in the food industry, specializing in the production of convenience foods, with a focus on supplying major retailers and food service providers.
YTD Price Performance: -7.79%
Average Trading Volume: 1,537,663
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £734.3M
Learn more about GNC stock on TipRanks’ Stock Analysis page.
