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Tate & Lyle Executives Conduct ADR Sale for Portfolio Rebalancing

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Tate & Lyle Executives Conduct ADR Sale for Portfolio Rebalancing

TipRanks Cyber Monday Sale

Tate & Lyle ( (GB:TATE) ) has issued an announcement.

Tate & Lyle PLC announced that Claudia Vaz de Lestapis, a non-executive director, and Alexandre Samuel Pierre Marie de Lestapis sold 5,000 American Depositary Receipts (ADRs) at a price of $19.80 each, totaling $99,000. This transaction was conducted for year-end portfolio rebalancing and tax alignment purposes, with plans to repurchase ADRs in early 2026. The sale was disclosed in compliance with the Market Abuse Regulation, indicating transparency in the company’s managerial transactions.

The most recent analyst rating on (GB:TATE) stock is a Hold with a £4.10 price target. To see the full list of analyst forecasts on Tate & Lyle stock, see the GB:TATE Stock Forecast page.

Spark’s Take on GB:TATE Stock

According to Spark, TipRanks’ AI Analyst, GB:TATE is a Neutral.

Tate & Lyle’s overall stock score reflects a stable financial performance and a strong dividend yield, but is weighed down by bearish technical indicators and challenging market conditions highlighted in the earnings call. The strategic benefits from the CP Kelco merger and strong sucralose demand provide some positive outlook, but current market challenges are significant.

To see Spark’s full report on GB:TATE stock, click here.

More about Tate & Lyle

Tate & Lyle PLC is a global provider in the food and beverage industry, specializing in the production of ingredients and solutions that enhance taste, texture, and nutrition in products. The company focuses on serving a wide range of markets, including food and beverage manufacturers, with a commitment to innovation and sustainability.

Average Trading Volume: 2,062,165

Technical Sentiment Signal: Sell

Current Market Cap: £1.64B

See more insights into TATE stock on TipRanks’ Stock Analysis page.

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