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Tate & Lyle Expands Share Buyback Programme

Tate & Lyle Expands Share Buyback Programme

Tate & Lyle (GB:TATE) has released an update.

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Tate & Lyle has repurchased 324,513 of its own shares as part of a share buyback program, with the shares to be held in treasury. The purchase, executed through Merrill Lynch International, saw a volume-weighted average price of £7.50 per share. This move reflects the company’s ongoing strategy to manage its capital structure and enhance shareholder value.

For further insights into GB:TATE stock, check out TipRanks’ Stock Analysis page.

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