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Tate & Lyle ( (GB:TATE) ) has provided an update.
Tate & Lyle PLC announced the purchase of 197,605 of its ordinary shares as part of its ongoing share buyback program. The repurchased shares will be held in treasury, contributing to a total of 30,902,408 shares held in treasury, with the company having 445,821,813 shares in issue. This move is part of a strategic initiative aimed at enhancing shareholder value and optimizing the company’s capital structure.
More about Tate & Lyle
Tate & Lyle PLC is a company operating in the food and beverage industry, primarily focused on providing ingredients and solutions for food and drink manufacturers.
YTD Price Performance: -0.15%
Average Trading Volume: 1,478,431
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.86B
See more data about TATE stock on TipRanks’ Stock Analysis page.
