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An announcement from Bunzl plc ( (GB:BNZL) ) is now available.
Bunzl plc, a company involved in the distribution and outsourcing of non-food consumable products, has announced the repurchase of 40,869 of its ordinary shares on the London Stock Exchange. This transaction is part of a broader share buyback program initiated on 3 March 2025, under which the company has repurchased a total of 5,269,243 shares. The repurchased shares will be canceled, impacting the total number of voting rights and shares in issue, which now stands at 324,550,429. This strategic move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.
The most recent analyst rating on (GB:BNZL) stock is a Buy with a £27.50 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, with effective margin management and strong cash flows. While technical indicators suggest a neutral to slightly bearish trend, the company’s strategic initiatives and acquisitions provide optimism. However, challenges in key business areas and a decline in operating profit present risks that temper the outlook.
To see Spark’s full report on GB:BNZL stock, click here.
More about Bunzl plc
Average Trading Volume: 954,379
Technical Sentiment Signal: Sell
Current Market Cap: £7.86B
See more data about BNZL stock on TipRanks’ Stock Analysis page.