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Unilever ( (GB:ULVR) ) has issued an update.
Unilever PLC announced the cancellation of 51,625,153 ordinary shares held in treasury, reducing the total number of shares in issue to 2,181,005,247. This move leaves no shares held in treasury and adjusts the number of shares with voting rights to 2,180,690,335, impacting shareholder calculations under the UK Financial Conduct Authority’s rules.
The most recent analyst rating on (GB:ULVR) stock is a Sell with a £4440.00 price target. To see the full list of analyst forecasts on Unilever stock, see the GB:ULVR Stock Forecast page.
Spark’s Take on GB:ULVR Stock
According to Spark, TipRanks’ AI Analyst, GB:ULVR is a Outperform.
Unilever’s overall stock score reflects strong financial performance and positive corporate events, which are somewhat offset by bearish technical indicators and a high valuation. The company’s strategic initiatives, including the demerger, are expected to enhance its market position, but current market momentum remains a concern.
To see Spark’s full report on GB:ULVR stock, click here.
More about Unilever
Unilever PLC is a leading global consumer goods company operating in the food, beverages, cleaning agents, and personal care sectors. The company focuses on providing sustainable and innovative products to meet the diverse needs of consumers worldwide.
Average Trading Volume: 3,402,348
Technical Sentiment Signal: Strong Buy
Current Market Cap: £105.7B
See more insights into ULVR stock on TipRanks’ Stock Analysis page.