Tate & Lyle (GB:TATE) has released an update.
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Tate & Lyle PLC has recently carried out a share buyback, purchasing 264,528 of its own shares, at prices ranging from £6.48 to £6.52, with the volume weighted average price per share at £6.49. The bought-back shares will be held in treasury, and following this transaction, the company’s treasury now holds 7,820,840 shares. This move is part of the share buyback program announced on June 20, 2024, reflecting the company’s ongoing strategy to manage its capital effectively.
For further insights into GB:TATE stock, check out TipRanks’ Stock Analysis page.
