Associated British Foods Announces Share Repurchase and Cancellation

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The latest announcement is out from Associated British Foods ( (GB:ABF) ).

Associated British Foods plc announced the repurchase and cancellation of 347,813 of its ordinary shares as part of its share repurchase program, which was initially announced on November 6, 2024. The shares were acquired from UBS AG London Branch at an average price of 2039.4301 pence per share, with transactions conducted on the London Stock Exchange. This strategic move is part of the company’s efforts to optimize its capital structure and potentially enhance shareholder value.

More about Associated British Foods

YTD Price Performance: -10.13%

Average Trading Volume: 1,143,207

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £14.88B

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