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The latest update is out from Unilever ( (GB:ULVR) ).
Unilever PLC has announced the repurchase of 100,000 of its ordinary shares on the London Stock Exchange, priced between GBP 43.1200 and GBP 43.6300, as part of its ongoing share buy-back program. This move, executed through Goldman Sachs International, is aimed at consolidating its stock holdings and potentially enhancing shareholder value, as the company now holds over 46 million shares in treasury, with implications for market dynamics and investor relations.
More about Unilever
Unilever PLC is a British multinational consumer goods company specializing in a wide range of products, including food, beverages, cleaning agents, beauty, and personal care products. It is one of the largest consumer goods companies globally, with a significant market presence in over 190 countries.
YTD Price Performance: -3.69%
Average Trading Volume: 3,542,332
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £110.5B
For a thorough assessment of ULVR stock, go to TipRanks’ Stock Analysis page.