Tate & Lyle (GB:TATE) has released an update.
Tate & Lyle PLC has repurchased 244,965 ordinary shares as part of its ongoing share buyback program, with prices ranging between £7.68 and £7.77. These shares will be held in treasury, bringing the total number of treasury shares to over 19.6 million. This move may appeal to investors as it often indicates a company’s confidence in its financial health.
For further insights into GB:TATE stock, check out TipRanks’ Stock Analysis page.
