Tate & Lyle (GB:TATE) has released an update.
Tate & Lyle PLC has recently bought back 183,854 of its own ordinary shares as a part of its share repurchase programme, which was initially announced on June 20, 2024. The shares, bought at prices ranging from £6.68 to £6.76, will be held in treasury, reducing the number of shares in circulation and potentially increasing the value of remaining shares. Following this transaction, Tate & Lyle holds over 13.7 million shares in treasury, signaling a move that often aims to return value to shareholders.
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