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Bunzl plc Announces Share Buyback and Cancellation

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Bunzl plc Announces Share Buyback and Cancellation

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An announcement from Bunzl plc ( (GB:BNZL) ) is now available.

Bunzl plc announced the repurchase of 165,176 of its ordinary shares on the London Stock Exchange, as part of a share buyback program initiated in March 2025. The shares were bought at an average price of £24.2161 and will be canceled, leaving the company with 325,449,453 shares in issue. This move is part of Bunzl’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market position and shareholder interests.

The most recent analyst rating on (GB:BNZL) stock is a Buy with a £2704.00 price target. To see the full list of analyst forecasts on Bunzl plc stock, see the GB:BNZL Stock Forecast page.

Spark’s Take on GB:BNZL Stock

According to Spark, TipRanks’ AI Analyst, GB:BNZL is a Outperform.

Bunzl plc’s overall stock score reflects solid financial performance and a fair valuation, tempered by mixed technical indicators and challenges highlighted in the earnings call. The company’s strong cash flow and strategic acquisitions provide a foundation for long-term growth, but immediate challenges in key markets need to be addressed.

To see Spark’s full report on GB:BNZL stock, click here.

More about Bunzl plc

Bunzl plc operates in the distribution and outsourcing sector, providing a range of products including cleaning and hygiene supplies, personal protection equipment, and packaging solutions. The company focuses on serving various industries such as foodservice, retail, and healthcare, positioning itself as a key player in the supply chain management market.

Average Trading Volume: 923,258

Technical Sentiment Signal: Sell

Current Market Cap: £7.79B

See more data about BNZL stock on TipRanks’ Stock Analysis page.

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