Tate & Lyle (GB:TATE) has released an update.
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Tate & Lyle has executed a share buyback, repurchasing 172,187 of its ordinary shares from Merrill Lynch International at an average price of £7.32 per share. This strategic move is part of a previously announced buyback program aimed at consolidating its share capital. The repurchased shares will be held in treasury, reflecting the company’s ongoing efforts to optimize its capital structure.
For further insights into GB:TATE stock, check out TipRanks’ Stock Analysis page.
