Associated British Foods Executes Share Buyback Program

Associated British Foods (GB:ABF) has released an update.

Associated British Foods PLC has repurchased 149,419 of its own shares at an average price of 2336.3642 pence as part of its ongoing share buyback program. These shares were acquired through Barclays Capital Securities and will be canceled, indicating the company’s strategic move to enhance shareholder value. Investors interested in the company’s financial maneuvers may find this development noteworthy as it reflects confidence in their market position.

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