Tate & Lyle (GB:TATE) has released an update.
Tate & Lyle PLC has successfully bought back 210,802 of its own shares on 10 October 2024, with the transaction involving a volume weighted average price of £6.92 per share. The repurchased shares are to be held in treasury, and after the transaction, Tate & Lyle’s treasury holds over 17 million shares, reducing the number of shares in circulation. This buyback is part of an ongoing programme initiated on 20 June 2024 to enhance shareholder value.
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