Tate & Lyle (GB:TATE) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Tate & Lyle has repurchased 252,649 of its ordinary shares as part of its ongoing share buyback programme, with prices ranging between £7.26 and £7.36. The move is part of the company’s strategy to optimize its capital structure and return value to shareholders. The repurchased shares will be held in treasury, adjusting the company’s total shares in issue to 450,189,457.
For further insights into GB:TATE stock, check out TipRanks’ Stock Analysis page.