Unilever (GB:ULVR) has released an update.
Unilever PLC has recently bought back 110,000 of its own shares on the London Stock Exchange, with prices ranging between GBP 47.9100 and GBP 48.1100 per share. This action is part of Unilever’s ongoing share repurchase program, and following this transaction, the company now holds over 29 million shares in treasury. These buy-back activities could indicate the company’s self-assessment of its stock being undervalued, potentially interesting news for investors watching the consumer goods sector.
For further insights into GB:ULVR stock, check out TipRanks’ Stock Analysis page.
