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Unilever Executes Share Buy-Back to Enhance Shareholder Value

Story Highlights
  • Unilever repurchased 618,709 ordinary shares on the London Stock Exchange.
  • The share buy-back is part of Unilever’s strategy to manage capital and return value to shareholders.
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Unilever Executes Share Buy-Back to Enhance Shareholder Value

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 existing share buy-back program. The shares were purchased at a volume-weighted average price of GBP 45.2615 per share and will be held in treasury. This move is part of Unilever’s strategy to manage its capital structure and return value to shareholders, potentially impacting its market positioning and shareholder value.

More about Unilever

Unilever PLC is a multinational company operating in the consumer goods industry, primarily focusing on the production and distribution of food, beverages, cleaning agents, and personal care products. It is one of the world’s leading suppliers of fast-moving consumer goods, with a strong market presence across various global regions.

YTD Price Performance: 0.35%

Average Trading Volume: 4,087,808

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £115.3B

Learn more about ULVR stock on TipRanks’ Stock Analysis page.

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