The latest announcement is out from Unilever ( (GB:ULVR) ).
Unilever PLC announced the repurchase of 300,000 of its ordinary shares on the London Stock Exchange as part of its ongoing share buy-back program. This move is expected to enhance shareholder value and reflects the company’s confidence in its financial position and future prospects. The shares were purchased at a volume-weighted average price of GBP 45.9211 and will be held in treasury, indicating a strategic effort to manage capital efficiently and potentially improve earnings per share.
More about Unilever
Unilever PLC is a leading company in the consumer goods industry, known for its wide range of products including food, beverages, cleaning agents, and personal care items. The company operates globally with a strong market presence and focuses on sustainable growth and innovation.
YTD Price Performance: 1.64%
Average Trading Volume: 4,045,837
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £115.4B
Learn more about ULVR stock on TipRanks’ Stock Analysis page.