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Bunzl plc ( (GB:BNZL) ) has issued an announcement.
Bunzl plc has announced the repurchase of 41,108 of its ordinary shares on the London Stock Exchange at an average price of £24.3258 per share. This transaction is part of a larger share buyback program initiated in March 2025, which has seen the company repurchase a total of 4,990,844 shares. The repurchased shares will be canceled, leaving Bunzl with 324,816,874 ordinary shares in issue, impacting the total number of voting rights and potentially affecting shareholder interests.
The most recent analyst rating on (GB:BNZL) stock is a Hold with a £2350.00 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 reasonable valuation. While technical indicators show a positive short-term trend, the mixed sentiment from the earnings call highlights challenges in key business areas. The company’s strategic initiatives and commitment to long-term growth provide optimism, but immediate challenges 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 industry, providing a wide range of products including packaging, cleaning and hygiene supplies, safety products, and healthcare consumables. The company focuses on delivering essential products and services to businesses across various sectors globally.
Average Trading Volume: 948,762
Technical Sentiment Signal: Sell
Current Market Cap: £7.87B
For detailed information about BNZL stock, go to TipRanks’ Stock Analysis page.