Tate & Lyle (GB:TATE) has released an update.
Tate & Lyle PLC has actively pursued its share buyback program, purchasing 178,492 of its own ordinary shares on September 19, 2024, with prices ranging between £6.65 and £6.71. These shares will now be held as treasury stock, which consequently reduces the number of shares in circulation and could potentially increase the value of remaining shares. This move follows the company’s announcement of the program on June 20, 2024, and reflects ongoing efforts to manage its share capital effectively.
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