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Bunzl plc Completes Share Buyback of 69,244 Shares

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Bunzl plc Completes Share Buyback of 69,244 Shares

Meet Your ETF AI Analyst

Bunzl plc ( (GB:BNZL) ) just unveiled an update.

Bunzl plc, a company involved in the distribution and outsourcing of non-food consumable products, announced the repurchase of 69,244 of its ordinary shares on the London Stock Exchange. The shares were bought at an average price of £23.220108 and will be canceled, leaving the company with 324,201,472 shares in issue. This transaction is part of Bunzl’s ongoing share buyback program, which has seen the company repurchase a total of 5,634,401 shares since March 2025, potentially enhancing shareholder value by reducing the number of shares outstanding.

The most recent analyst rating on (GB:BNZL) stock is a Buy with a £2682.00 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 is driven by solid financial performance and reasonable valuation. The company’s strategic acquisitions and effective cash management are positive factors. However, technical indicators suggest potential short-term bearish momentum, and challenges highlighted in the earnings call, such as declining operating profit and regional business issues, present risks that temper the overall outlook.

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

More about Bunzl plc

Average Trading Volume: 944,128

Technical Sentiment Signal: Sell

Current Market Cap: £7.45B

For an in-depth examination of BNZL stock, go to TipRanks’ Overview page.

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