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Tate & Lyle ( (GB:TATE) ) has issued an announcement.
Tate & Lyle PLC announced the repurchase of 208,612 of its ordinary shares as part of its ongoing share buyback program. These shares were purchased from Merrill Lynch International at a price range between £6.50 and £6.65 per share, and will be held in treasury, indicating a strategic move to manage capital and potentially enhance shareholder value.
More about Tate & Lyle
Tate & Lyle PLC operates in the food and beverage industry, primarily focused on producing and supplying ingredients and solutions such as sweeteners, texturants, and health and wellness solutions to various markets worldwide.
Average Trading Volume: 1,462,992
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.86B
For an in-depth examination of TATE stock, go to TipRanks’ Stock Analysis page.
