Unilever ( (GB:ULVR) ) has provided an announcement.
Unilever PLC announced the repurchase of 618,709 of its ordinary shares on the London Stock Exchange as part of its ongoing share buy-back program. This move, executed through Goldman Sachs International, is aimed at consolidating the company’s share capital, with the repurchased shares being held in treasury. Following this transaction, Unilever now holds over 54 million shares in treasury, with more than 2.5 billion shares remaining in circulation. This strategic buy-back could potentially enhance shareholder value and reflects Unilever’s confidence in its financial health and future prospects.
More about Unilever
Unilever PLC is a leading global company in the consumer goods industry, known for its diverse range of products including food, beverages, cleaning agents, and personal care items. The company focuses on sustainable living and operates in various markets worldwide.
YTD Price Performance: 0.35%
Average Trading Volume: 4,087,808
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £115.3B
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